SHIPPING AND AIR FREIGHT
This query is : Resolved
14 July 2007
WHEATHER THE SHIPPING AND AIR FREIGHT AND MARRINE INSURANCE IS MANDATORY TO RECOVER FROM FOREIGN DEBTORS, IF PAID BY US.
Vinod Kashyap
(Expert)
15 July 2007
No. It depends upon the terms of Export Contract with Foreign Buyer.
Shalishkumar
(Expert)
20 September 2007
IF your contract is CIF[ Named destination] by Air/SEA. An exporter adds the cost of ft part, Insurance peremium, etc., in his pricing to recover the same.
Ravikumar.G
(Expert)
09 November 2007
It depends upon the contract. Based on that you can choose either FOB or CIF
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