22 October 2008
Dear Sir, I wanted to know the exact defination of turnover of Clearing & forwarsing Agents Turnover for Section 44AB,as we are accunting the receipt & payment as direct income & Direct Expenses n its goes to Cr so please tel me exact defination
25 December 2015
It means that the seller must pay the costs and freight necessary to bring the goods to a named port of destination and must also procure marine insurance against the buyer's risk or loss to the goods during the carriage. Description: C&F stands for cost and freight and is always stated as C&F port of importation.
CAclubindia
