Can interest be claimed on delayed payments in Logistics & Transportation?

Answer

Interest may be claimable in a Logistics & Transportation matter where the contract, invoice terms, statute, trade usage or court-awarded principles support it. The basis and rate should be checked before including interest in a formal demand or claim.

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General information only: These Q&As are educational and are not a substitute for advice on a specific matter. Applicable law, thresholds, limitation and procedure should be verified for the relevant facts and date.