Carriage inward - carriage outward

Amit (Service) (457 Points)

02 May 2014  


Carriage Inward x Carriage Outward

If Indian company purchases the goods from overseas factory on Ex-works, out of India Port .

Then solds the goods to Indian customer on CIF - India Port.

Are the freight ( sea / air) charges incurred for movement from Port of Origin to Port of Discharge, considered as Carriage Inward or Carriage Outward ?