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Answer» Payment of dock charges: - A place where the goods are kept once they arrive is called a dock. Since goods of importer are unloaded from the ship and handled and stored by dock employees the importer needs to pay dock charge for theses dock services he received. Dock charges also include charges on equipment and facilities that were used for the goods in the dock.
- Dock charge is to be paid irrespective of the mode of arrival of goods i.e. airway, waterway, roadway or railway.
- After paying the dock charges the importer gets a dock receipt.
Obtain possession of goods: - After completing all the formalities the importer can then obtain possession of the goods.
- The importer needs to take the goods from the bonded warehouse where they are stored by the customs department within the specified time. If the importer does not collect the goods on time, he will have to pay demurrage along with the additional rent.
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