The storage charges
at 1.5 per cent on the cost of additional material levied earlier has also been waived off.
However, after the expiry of the deadline on June 17 and with a huge number of the containers yet to be released, it is now clear that the goods may not be released that easily.The Kenya Revenue Authority (KRA) must collect import taxes as shipping lines and Container Freight Stations (CFSs) claim more than Sh100 million in storage charges
accrued over the past seven months.
'So it is very accessible for them to keep the empty [container] here because the payment is cheap, unlike in other places wherein the storage charges
are higher,' she said.
It waived off Karachi Port Trust's storage charges
on the consignments of rice to be distributed among the needy people by a non-profit welfare organization working for the poor and needy people of the country.
On the proposal of the Ministry of Maritime Affairs, the ECC waived off demurrage (KPT storage charges
) on the consignments of rice to be distributed among the needy people by a non-profit welfare organization working for the poor and the needy people of the country.
'No supporting or accompanying invoices or demurrage and storage charges
were availed for audit.
Truckers, who are finding it increasingly difficult to secure appointments at the marine terminals and deliver inbound containers to severely impacted import distribution centers, are suffering collateral damage because of mounting storage charges
According to Mr Femi Olorunsogo, 'Many containers are trapped inside the ports and their owners are paying heavily on storage charges
because the roads leading to the ports are blocked by a long queue of trucks trying to either leave or enter the ports.
He said the government would procure at Rs1,300 per 40kg, bear transportation and storage charges
, pay salaries to the staff assigned for procurement and other operations which all would cost it Rs400 per 40kg and then release the commodity to the mills at Rs1,275.
Earlier this year, the Property Casualty Insurers Association of America conducted (http://www.pciaa.net/docs/default-source/industry-issues/towing-tx-2018.pdf) a survey of 448 insurance company employees responsible for evaluating or paying towing and storage charges
. It found that excessive rates and fees for removal are the industry's top concern with towing industry practices, followed by excessive storage fees.
The quote was acceptable but, in addition, he delivered me an invoice for storage charges
for the two months he's had the van.