Ritesh Malik, Chairperson of Canada India Foundation and chief organiser of the event, said, "We are doing this conference ...

Understand India's GST impact on import ocean freight. This summary covers IGST, Reverse Charge Mechanism (RCM), and landmark court judgments (Mohit Minerals, Agarwal Coal) that clarify tax ...

Bahri VLCCs are to handle Red Sea crude exports for Japan’s Taiyo Oil, which is seeking to cut shipping costs. The buyer is switching to shipping out Saudi Aramco barrels on a cost, insurance ...

The California Interscholastic Federation announced Wednesday its plan to address the possible firestorm that lies ahead in this weekend's CIF State Track and Field Championships at Buchanan High ...

Description CIF - Cost Insurance Freight acronym. business concept background. Vector illustration for website banner, marketing materials, business presentation, online advertising 1 credit ...

Highlights:,Seller covers freight costs and provides insurance for goods in transit.,CIF is applicable only for ocean shipments.,Risk transfers from seller to buyer when goods pass the ship's ...

Since CIF includes FOB plus freight and insurance values, CIF values are usually 3-10% higher than the reported FOB values for the same consignments," said Srivastava of GTRI.

How to Add CIF to an Invoice. The term CIF stands for cost, insurance and freight. It is a common term for international shipments, and many nations use the CIF total as the basis for the duty ...

CIF also has its origins in the early days of international shipping and has remained largely unchanged since. The difference between CIF and CFR is that while the risk of loss or damage at delivery ...