Accoutancy and allocation regulations between carriers applicable to international freight

This IRS sets out the accounting regulations to be applied between carriers in respect of international freight. It is divided into the following three sections:

1. General and definitions

2. Successive carriage CIM Art. 26

3. Substitute carriage CIM Art. 27 (purchase/sale)

and covers the invoicing, allocation and settlement of amounts charged against CIM consignments accompanied by an international consignment note.