A storage charge pertains to the cost associated with temporarily housing or storing goods at a warehouse, terminal, or similar facility. This fee is typically applicable when the intended recipient or consignee cannot receive the goods immediately upon their arrival.
Reasons for this delay may include the following:
- Space constraints
- Scheduling conflicts
- Administrative considerations
The storage charge is determined based on factors such as the duration of storage, the quantity or weight of the goods, and any supplementary services needed, like handling or security measures.