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What is C&F agency?
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Answer Posted / 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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