Hii,, Today we discussed about the terms and incoterms in using export import business.and what charges applicable and custom packaging etc .know let's. Go to world trade business .. groww .. my self ashish meena and I am hear to give bright knowledge about export import business. All details cover in fob and CIF terms. 1.FOB( FREE on board) this means the seller (exporter in India )is responsible for the goods until they are load on to vessel al the port origin (eg. Mumbai , chennai,mudra port) the buyer's (importer in newyork )take over all costs and risk from that point onward.... 2.CIF( cost insurance freight)this means the seller is responsible for the goods insurance and freight until they reach the port of destination (new york).the buyer take over risk once the goods are loaded on to the vessel but the seller covers the costs up to the destination port ... CIF VALUE=fob +ocean freight /or air freight+marine insurance. Factors in infl...
Hello, I’m Ashish meena ,an India-based export–import professional actively involved in promoting Indian products in international markets.