Import on CIF basis
This query is : Resolved
25 March 2010
Dear Sir,
Please confirm what are the element to be included for calculating import on cif basis. Wheather local freight to be included for calculating the same or only cif freight to be included.
Please confirm what are the element to be included for calculating import on cif basis. Wheather local freight to be included for calculating the same or only cif freight to be included.
28 March 2010
fob value+ocean freight(20% of fob value+insurance(1.125%of fob value+commission paid to foreign agent =cif value+1% landing charges
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