Inland haulage charges and how it works

The IHC collects charges for the transportation for loading for container depot or seaport. IHC and Traffic rates vary as per location depending on the distances and other cost parameters. IHC is collected by the carrier releasing the bill of landing for export and import shipments. The cargo fright station is away from the seaport of loading and unloading. Most of the cargo in such locations is moved by rail transport. The charges of moving goods from such place to port to inland freight station are known as Inland Haulage charges.

Tariff

In simple words, the tariff is otherwise known as tax. It adds to the cost borne by consumers for imported goods and has several trade policies. This tariff is paid to the authority of the customs in the country. Domestic consumers pay the recognition of tax owed on imports. This will not directly impose on the foreign country's exports. The imported products are relatively more expensive for the consumers. Most manufacturers are primarily relying on the essential components for their production process. This process will increase the IHC and tariff rates for consumers.

Difference between IHC and THC

The IHC is the charges collect by the terminal authorities at each port against handling equipment and maintenance. IHC means the transportation charges from the inland containers to the seaport. THC controls the different ports with different terminal handling costs at each location. Its exports are collected from shippers by lines while releasing the bill of landing after completion of export customs clearance procedures. The import terminal handling charges collect by shipping carriers to issue delivery orders to the consignee to take delivery of goods. The HTC handles all types of ports with the same production and tariff rates. The HTC release the bill of lading for export shipments.