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17 January 2011 What is Demurrage charges ? why it is incurred ?

17 January 2011 this occurs at the time of import.

Demurrage is a charge which is taken by Custom Authority of India. The moment goods / container will land in India charges will be started up to five days .


for more info:-
https://www.caclubindia.com/forum/what-is-demurrage-charges-17623.asp

17 January 2011 Basically these charges are not willingly incurred.
It is levied by custom authorities or transporters for delay in taking delivery of goods from the port or from transporters.


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