international air transport Valuation Charges【悟空海运】
Valuation Charges are set to mitigate the operating risks of carriers by limiting responsibilities to consignors. Warsaw Pact provides the highest limitation of liability due to the carrier's own negligence or intentionally causes for the loss, damage to or delay of goods. Such amount is generally the same as MYM20 per kilogram or 9. 07 pounds per pound or other equivalent. If the goods are worth more than the value, which may increases the liability of lhe carrier, the carrier charges declared value. Otherwise, the carrier does not assume liability to pay compensation for value above MYM20 per kilogram.
The Valuation Charges, charge the gross weight, is for the whole package rather than the individual part. Calculation formula is as follows:
Valuation Charges = ( the value of goods - gross weight x 20 MYM/ kg) x Valuation Charges rate Valuation Charges rate is usually 0. 5%. Most of the airlines stipulate the Valuation Charges rate and minimum charge standard for Valuation Charges at the same time. If the Valuation Charges is lower than the minimum standard, airlines will charge the lowest standard for Valuation Charges. 6.5.4.2 Others
Other additional charges include airway bill fee, charges collect fee, transit charges, surface earlier, etc. , which may be required when the carrier or the air freight agent or the consolidator provide services accordingly.
international air transport Valuation Charges【悟空海运】
