What is the function of Container Freight Station?

What is the function of Container Freight Station?

A CFS stands for Container Freight Station (CFS). It is a warehouse station responsible for the consolidation or deconsolidation of cargo before the products/goods are imported or exported. The station is involved in an export-import transaction, both at the point of origin as well as the destination.29-Aug-2020

What are the prerequisites of setting up Container Freight Station?

Office building for ICD, Customs office and a separate block for user agencies equipped with basic facilities. Warehousing facility, separately for exports and imports and long term storage of bonded cargo. Gate Complex with separate entry and exit. Adequate parking space for vehicles awaiting entry to the terminal.06-Mar-2019

What are the functions of ICD CFS?

The primary functions of ICD or CFS may be summed up as under:

What is difference between CFS and CY?

Container Yard (CY) A container yard is a dedicated area for full container load (FCL) containers whereas a CFS caters to both LCL and FCL shipments. A CY is located within the port, unlike a CFS, which is located close to a port or terminal. A CFS picks up empty containers from a CY for FCL and LCL export shipments.18-Sept-2020

What is the difference between CFS and ICD?

An ICD is generally located in the interiors (outside the port towns) of the country away from the gateway ports. CFS, on the other hand, is an off-dock facility located near the servicing ports which helps in decongesting the port by shifting cargo and Customs related activities outside the port area.

What are CFS charges?

CFS charges refer to the fees that apply for each activity performed at a CFS, namely the import and export of goods through customs. Various parameters determine these charges. In some cases, CFS charges can be uniform for a specified category of goods being handled.19-Sept-2019

What is the infrastructure needed in ICD & CFS?

Land requirements: For the ICDs/CFSs proposed to be set up outside limits of major cities, a minimum of 3 acres of land is required and for such facilities inside city limits /port area, a minimum area of 1 acre (about 4500 sq. mts) is required.

What is difference between CFS and AFS?

While CFS handles maritime cargo, an AFS is meant to handle air cargo.

What is a container station?

QNAP Container Station is a application on QNAP NAS providing container technology (operating system-level virtualization [1]). It's mainly included a web UI, a back-end RESTful API server and essential utilities, such as commands lxc-* and docker. Version: 2.4.0.2316.

What is CFS clearance?

CFS offloads the cargo and sends it for cargo clearance process. Cargo owner or their clearing agent files bill of entry. Once the cargo clearance and duty payment is done, it is forwarded to the customs authorities. Customs issues bill of entry with an “out of charge” order.25-Aug-2021

What is CFS warehouse?

A CFS (container freight station) is a warehouse that specializes in the consolidation and deconsolidation of cargo. An LCL (less than container load) shipment will be taken to a CFS at origin to be consolidated into a container with other cargo.

What are benefits of ICD in international trade?

Along with being a storage facility, ICDs can also provide export and import customs clearances. All the services that are provided at a port, can also be availed at the ICD situated far away from the port. ICDs also act as servicing and repair facilities for containers and other moving equipment.29-Jan-2021

What is VGM cut off?

VGM Cut-off means 24 hours prior to the estimated arrival time of a Vessel which was first communicated to the VGM Declarant; and. Sample 1.

What is CBM in shipping?

cubic meter

What is FCL FCL in bill of lading?

FCL is an acronym used in logistics, which means 'Full Container-Load'. This means goods from a single shipper occupy the entire container.

How many CFS are there in India?

India has some 169 CFSs and 67 inland container depots (ICDs).19-Apr-2018

What is CFS shipment?

Container Freight Station

What is difference between dry port and sea port?

Dry ports are located away from water. They are generally located close to inland railway stations. Wet ports, on the other hand, are near the ocean or a river. Besides where they are located, there are some distinct differences between dry ports and wet ports.28-Feb-2022

What is LCL full form?

LCL, or Less Container Load, is where a shipper does not have enough product for a full container; so he will book a cargo that allows him to load his goods alongside product from other shippers. In this case, each shipment is separated upon final shipment when delivered to their final destination.

What is LCL charge?

What is LCL shipping? LCL stands for less than a container load and describes sea shipping for cargo loads not large enough to fill a full 20ft or 40ft shipping container. Since LCL shipments fill less than a full 20ft or 40ft shipping container, these are grouped with other cargo.

Is GST applicable on CFS charges?

No, as per section 13(9) of IGST Act, if the place of supply of service lies outside India, GST is not applicable.27-Sept-2017

What is the function of Container Freight Station?