2007-02-14 20:17:00 · 5 answers · asked by nilima p 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
CIF means cost insurance freight.
C&F means cost and freight.
When a supplier quotes you an amount in CIF, it means the amount you will be paying for already includes the cost of the product, insurance coverage, and the freight cost.
While C&F is the same as CIF, except that it doesn't have insurance, therefore you have to get separate insurance for your cargo.
2007-02-14 20:30:29 · answer #1 · answered by muco 1 · 0⤊ 0⤋
CIF - Cost, Insurance, Freight
C&F - Cost and Freight only
2007-02-15 04:28:45 · answer #2 · answered by kumar 2 · 0⤊ 0⤋
These are international trade quotation terms.
In detail you can say , the price of the particular item is 99$ CIF that means (cost of goods, insurance and freight) and pp$ C&F is (cost of goods and freight)
2007-02-15 04:22:44 · answer #3 · answered by AARAAN 2 · 0⤊ 0⤋
Cost, Insurance and Freight. Cost & Freight. See differnce yourself. If insurance is included in selling price, it is CIF.
2007-02-15 09:28:58 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Am really got assist from this area, i was a little bit confusion , now everything is clear to mine. thanks a lot all of u dear.
2013-11-17 00:20:22 · answer #5 · answered by Aziz 1 · 0⤊ 0⤋