header banner

NFTA seeks waiver in demurrage and detention charges

alt=
By No Author
KATHMANDU, Sep 10: Nepal Foreign Trade Association (NFTA) has urged the government to initiate the process of providing waiver in demurrage and detention charges borne by traders during the bandha periods.

Meeting Revenue Secretary Rajan Khanal at his office on Wednesday, a NFTA delegation led by its president Ramesh Gupta requested the secretary to waive such charges which the traders are required to pay due to the holding of their consignment in India's Kolkata port.


"The delegation has requested the Revenue Secretary to initiate a dialogue with the concerned agencies to provide waiver in demurrage and detention charges extracted at the Kolkata port for consignments stalled there because of the reluctance of trucks and containers to transport such consignments to their destinations," NFTA said in a statement.

According to the statement, Khanal told the delegation that the ministry was looking for solutions to problems created by the bandhas going on in the Terai region.



Related story

NFTA all set for 10 th edition of ‘NFTA Award’

Related Stories
ECONOMY

NFTA protests against NEA demanding not to stop po...

NFTA_20231224164024.jpg
ECONOMY

Demurrage charge at Raxaul station hiked by up to...

demjune.jpg
N/A

NFFA concerned at rising demurrage, detention char...

NFFA concerned at rising demurrage, detention charges
POLITICS

Ruling NCP picks district, municipal in-charges, d...

NCP%2011.jpg
ECONOMY

​​Govt allows STC and FMTC to import sugar on duty...

sugar_20210403182443.jpg