Landing charges definition
Landing charges means the expenditure incurred by the importer for bringing goods on board the ship to land. Landing charges, if any, in law, must be assessed on actuals, but as a matter of practice, particularly to facilitate expeditious clearance, landing charges are issued at a percentage of the value of goods and such assessment is accepted. When so assessed, landing charges cover the totality of all that an importer spends to bring the imported goods to land.
Examples of Landing charges in a sentence
Hawks Landing charges these homeowners for water usage and also the Golf Club for water used at the hole #9 on course washroom.
Landing charges for the purpose of calculating Custom Duty shall be considered as 1% of CIF value.