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How to understand the relationship among CIF, CIF and FOB?
Delivery at the port of shipment means that the seller completes the delivery task at the port of shipment of the exporting country. The loading port is mainly FOB, which is customarily called FOB. Freight within price (CFR); Freight and insurance (CIF); It is customarily called CIF price. Their main characteristics are: the seller delivers the goods at the port of shipment according to the agreed time, and as long as the seller provides the shipping documents after the loading stipulated in the contract, the delivery task can be completed, and the payment can be recovered by the documents. CIF refers to the price of imported technology, equipment and technology after the introduction of import trade, and refers to the price of arriving at the buyer's border port or border station and paying customs duties. It basically includes two parts, namely, the price of goods and ancillary expenses. CIF = price of goods+international freight+transportation insurance = price of goods+international freight+transportation insurance+bank finance fee+foreign trade fee+customs duty+value-added tax+consumption tax+customs supervision fee+vehicle purchase surcharge. Copy link set