Responding to request from Nepali Consulate General´s Office in Kolkata, shipping firms said they would extend grace period by 15 days if Nepali traders approach them with formal request.[break]
Rajan Sharma, president of Nepal Freight Forwarders Association (NEFFA), said traders would benefit from the offer as that would save at least Rs Rs 70 million.
"Should that happen, accumulated detention charges to be paid by Nepali traders will come down by at least Rs 70 million," Sharma told Republica on Sunday.
Around 1,200 Nepali containers are still stuck in Kolkata customs, waiting for clearance. Shipping companies generally give give grace period of 7 to 14 days. If containers are not cleared within the grace period, they charge anywhere between US$ 40 to $150 per day per container as demurrage fee.
Around 15 shipping companies are involved in transporting Nepal´s third country imports.
Extra charge by shipping companies cost Nepali importers Rs 1 b...