Freight Charges refer to the cost paid for transporting goods from one location to another by air, sea, rail, or road.
How It Works:
- Goods are booked for transportation.
- Charges are calculated based on weight, volume, and distance.
- Additional costs may include fuel or handling charges.
- Payment is made by the shipper or consignee based on agreement.
Benefits:
- Enables movement of goods across locations
- Supports domestic and international trade
- Provides cost transparency in logistics
- Helps businesses plan transportation expenses
Example:
A company pays ₹50,000 as freight charges to transport goods from Mumbai to Dubai.