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Wednesday , December 12 2018

India -Service Tax Notification No. 22/2015-effective from 15th Nov 15

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE)   New Delhi, the 6th November, 2015   Notification No. 22/2015-Service Tax G.S.R. —(E).- In exercise of the powers conferred by sub-section (1) of section 93 …

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Difference between ICD, On Dock CY and Off Dock CY

ICD, On Dock CY and Off Dock CY are some terms you might have heard during the course of your day to day work.. Here is an explanation of the difference between them.. An Inland Container Depot, abbreviated to ICD is a dry port based in the hinterland of a country (inland area of a …

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5 Tips on How To Choose a Freight Forwarder

1. Make sure the freight forwarder has experience. This could almost be the whole list. Experience, experience, experience. It might be fairly easy to start a freight forwarding company, but the international shipping industry is not the easiest business sector in the world and if you don’t know what you’re …

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Indian Customs Site

In India, to file IGM, CGM, Shipping bill, Bill of entry, you can use the below link https://www.icegate.gov.in The ICEGATE also provide 24X7 helpdesk facility Toll Free No: 1800-3010-1000 Email id: icegatehelpdesk@icegate.gov.in      

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Standard Carrier Alpha Codes ( SCAC) creator link

The Standard Carrier Alpha Code (SCAC®) is a unique two-to-four-letter code used to identify transportation companies. NMFTA developed the SCAC identification codes in the mid 1960’s to facilitate computerization in the transportation industry. http://www.nmfta.org/pages/scac    

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12 Different Types of Shipping Containers and Their Usage

Why is cargo shipped in standardized containers The idea of shipping boxes that could be loaded onto trucks, moved to trains or ships and then loaded back onto trucks was conceived by a small time truck hauler from Maxton, North Carolina, by the name of Malcolm McLean. On a trip to deliver …

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Airway bill check digit calculations

awab_barcode

The below algorithm is for calculating the last digit (check digit) of a MAWB. Method of calculating the check digit The MAWB number consists of a total 11 digits. These 11 digits can be divided into 3 parts 1] The first 3 digits are the Airline Prefix which are unique …

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Container Dimensions / Weight

EQUIPMENT INTERIOR DIMENSIONS DOOR OPENING TOP OPENING TARE WEIGHT CUBC CAPACITY PAYLOAD 40′ High cube Container L:12.056m 39′ 6 ½ W:2.347m 7′ 8 ¼ H:2.684m 8′ 5½ W:2.340m 7’8 H:2.585m 8′ 5 ¾ 2,900 kg 6,393 lbs 76.0 cbm. 2,684 cu. ft. 29,600 kg 62,256 lbs. 40′ Dry Container L:12.051m …

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Freight Basics – INCO Terms

International-Shipping-at-Port

Freight Basics – INCO Terms When negotiating an international sales contract the Terms of Sale can be just as important as the sale price. Language barriers could complicate this point. Since 1936 the INCO Terms created by the International Chamber of Commerce (ICC) have been used to breakdown these barriers. INCO …

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India, New service tax 14% is applicable effective from 01-Jun-15

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Finance (Department of Revenue) Notification No. 17/2015-Service Tax New Delhi, the 19 th May, 2015 G.S.R. (E). – In exercise of the powers conferred by sub-section (1) of section 93 …

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Basics of LTL and FTL Shipping

LTL-FTL-1024x620

First, don’t let the acronyms overwhelm you. Less Than Truckload (LTL)  and Full Truckload (FTL) are types of freight shipping that sound exactly as they are described. With a quick overview of the vocabulary and a few highlights of the benefits of truckload shipping, we can help you decide which …

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Expectation from a Freight Forwarder

freight-forwarder_thumb

Freight forwarders handle the shipment of freight across several carriers and modes of transport. A freight forwarder will arrange carriage—from origin to destination—contracting with carriers that will handle the freight as well as processing any necessary paperwork. Typically, freight forwarders are hired to handle international freight shipments. What to Expect …

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What is MAWB?

Mawb-form

MAWB is the abbreviation of Master Air Waybill is the most important document issued by a carrier either directly or through its authorized agent. It is a non-negotiable transport document. It covers transport of cargo from airport to airport. By accepting a shipment an IATA cargo agent is acting on …

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How to Start a Small Freight Business

Millions of tons of textiles, food, equipment and raw materials are hauled across the highways of the United States every year. No matter what the current state of the economy, freight will always need to be hauled. Thus, starting your own small freight business can be a stable and lucrative …

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