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The freight businesses agreed to set the CAF amount; the European Commission held that this agreement between competing companies amounted to a cartel and fined the businesses in 2012; this decision and decisions regarding a number of other freight cartels were upheld by the Court of Justice of the European Union on 1 February 2018. [4]
The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and service. Both VAT and GST have the same taxation slabs. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all the indirect taxes except a few state taxes.
Modern freight forwarders offer an end-to-end process i.e. shipping the goods from the place of origin to the final destination and may offer additional services such as warehouse planning, cargo insurance and customs brokerage. Together with tracking, freight forwarding agents often have real time information on the freight.
Initially, the company started as a customs house agent and provided freight forwarding services. [5] In 1995, ECU-Line, an Antwerp-based logistics firm, appointed Allcargo as their India agent. In 2003, the company started its first Container Freight Station (CFS) at JNPT.
Allcargo Gati Limited is an Indian logistics company headquartered in Hyderabad, Telangana. [5] [6] [7] It engages in surface and air express logistics, warehousing, supply chain, air freight, and e-commerce services.
Purolator International (formerly Purolator Courier US, Ltd. and then Purolator USA, Inc.) is a US-based freight forwarder that provides cross border logistics services between the United States and Canada.
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A declaring agent may be a freight forwarder or a specialist customs service provider such as Tradenet Services Pte Ltd . Declarant - A declarant is the individual person making the declaration for the declaring agent. Effective Jan 7, 2013 declarants must be registered with Singapore Customs and have passed Singapore Customs competency tests.
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