Hi
Can anyone please explain me this term?
CIF Contract.
5 Replies
Sanjay Verma
(Chartered accountant)
(30 Points)
Replied 12 March 2008
Cost include insurance & Freight
FRANCIS MORRIS
(a)
(25 Points)
Replied 13 March 2008
This is not fixed contract with CIF Agent, this is depend upon of value of consignment to consignment ( cost of Frieght, Insurance and fee of clearerance)
Rakesh
(CA)
(308 Points)
Replied 21 March 2008
Cost Include Insurance & Fright up to the Port. All expenses relating to Clearance and other may be extra.i.e up to the port .
vardan sharma
(Company secretary)
(160 Points)
Replied 20 April 2008
CIF means cost(FOB)+insurance and freight
Freight may be port to port or port to CFS or CFS to CFS as may be
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