What is C&F agency?
Answers were Sorted based on User's Feedback
Answer / soumendra nath thakur
“Clearing and forwarding agent” means any person who is
engaged in providing any service, either directly or
indirectly, concerned with the clearing and forwarding
operations in any manner to any other person and includes a
consignment agent.”
Taxable service means any service provided to a client, by
a Clearing & Forwarding Agent in relation to clearing &
forwarding operations, in any manner.
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Answer / sujeetkumar
&f agent is the carrying and forwarding agent.The
manufacturer will have the contact only with the c&f,they
are the one who gives the products to the wholesaler from
there it reaches to retailer and then to customer.For one
state there will be only one c&f agent
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Answer / rohit kapoor
C & F means carry and forwarding c & f means csp one point
of co. agent in a state and this state material distatch
and received in this point.
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Answer / roshan karan shahi
C&F means clearing and forwarding agents- this
is role in active ,once the manufacturer/supplier/
exporter/importer ,wishes to export or import
the commodity requires CHA(custom house
agent)-who is approved by government to do
the paper work,dealing with shipping
lines,operation etc arrangments to be done and
the commodity to be send to required
destination.
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Answer / arunesh bhadauria
C&F , rolls not only to carrying and forwarding material from origin and to keep their hubs or w/h to meet the customer's requirement well in time but also plays roll not only in manufacturing company but also it is used to handle the export and import freight terms and conditions.
C&F roll in export or import as : Cost and freight without insurance, i.e. when we take order from customer with the condition the cost and freight included but we do not consider insurance in that cost. it is our responsibility to deliver the material ex works to customer's post without insurance. we will be responsible for all activities which is related to SCM except Insurance.
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Answer / md. anisuzzaman
It is carrying and forwarding agency. They are working as a
media of impoter and expoter. Whey impoter import some
goods it comes first in a custom office for goods ligality
and make a duty of goods. But think is that as impoter they
can't do it. That's why they have need c and f agent. They
have right to releas the product form customs office and
put they are won place and after that according to ducomet
they dispass the goods to destinaiton. That's they are main
job.
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Answer / hari prasad d katepalli
C&F means clearing and forwarding of goods from Rack or
Godown to another place. that means they have to arrange
loading&unloading of goods and they have to arrange local
transportation of goods from Rack to Godown. clearing means
arrangement of loading&unloading and forwarding means local
transportation of goods. they are overall responsible of
goods damage while loading&unloading and overall
responsible of shortage of goods while transporting from
Rack or godown to certain destination.
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Answer / bibek
C & F Agent works as an mediator between manufacturer &
Chain of distribution.As I think he has just a caretaker
for the goods.He acts on behalf of manufacturer.He is
entitled for commission only on the sold goods.
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Answer / satendra sharma
c&f means carrying and forwarding agency...
manufacturing or marketing companies kept their goods at
one place and distribute them when the dealers or
wholesalers or customers .
when ever the dealers place the orders for
goods the ordered good will supply from the c&f ...
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Answer / jitesh
C&F agency , the concept clearance and forwarding are
different but the agency brings it under one umbrella.
In clearance the company is accredited with the local
customs authorities, border agencies etc. arranges to pass
the relevant documents at customs,
arrange for customs inspections as required,
check and process Duty and VAT payments as applicable,
apply for refunds etc where applicable,
cannot issue own bills of lading if not registered.
In forwarding , they store the cargo belonging to the
clients at warehouse and arrange the distribution as per the
demand of the client , negotiate freight rates with the
shipping line ,book the cargo with the shipping line as per
the requirement of the client , prepare bills of lading and
associated shipping/negotiating documentation etc ...
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