Current location - Loan Platform Complete Network - Foreign exchange account opening - What does CFR mean? Is it CIF? What's the difference with CIF?
What does CFR mean? Is it CIF? What's the difference with CIF?
What does CFR mean? Is it CIF? What's the difference with CIF? The seller must pay the necessary expenses and freight for transporting the goods to the designated destination port, but the risk of loss or damage of the goods after delivery, as well as any additional expenses caused by the accident, are transferred from the seller to the buyer. CFR terminology requires the seller to go through export customs clearance. This term is only applicable to sea and inland waterway transportation. If both parties do not intend to cross the ship's rail to complete the delivery, the CPT term should be adopted. In Incoterms 1980 and previous versions, CFR is C & ampf. In practical business, the standard abbreviation of this term-CFR should be used in a standardized way. The only difference between CFR and CIF is that the seller of CFR contract is not responsible for handling insurance formalities, paying insurance premiums and providing insurance documents. The cargo insurance related to maritime transportation shall be borne by the buyer.

What's the difference between FOB, CIF and CIF? What is the calculation formula of CIF? FOB, original currency price. For example, the United States ordered a $6.5438+0 million device, and this $6.5438+0 million was FOB.

CIF is the price to reach our port. CIF = FOB+ international freight+international transportation insurance.

CIF refers to the original price of imported equipment, on the basis of CIF, plus foreign trade fees, customs duties, value-added tax, bank agency fees, etc.

What are FOB and CIF? What's the difference between them? What do CIF, FOB and landed prices mean respectively? At present, international trade methods are generally divided into FOB, CIF and CIP. FOB means that after the goods have crossed the ship's rail, the seller has the right to demand payment from the other party according to the contract. That is to say, for FOB, as soon as your goods leave the dock, you will be fine. For CIF, you must deliver the goods safely to the port designated by the other party in order to enjoy the above rights. Intermediate expenses shall be borne by the seller.

For goods declared cif, tax exemption and tax credit are calculated according to the following formula: tax exemption and tax credit = (transaction amount-sea freight-insurance premium-foreign banks and other deductions) × tax refund rate.

What do you mean by CFRC2% CIFC%5? What is the difference and connection with CFR CIF? CFRC2% is CIF and 2% is commission. C = commission.

CIFC5% is the cost, insurance and freight price, plus 5% commission.

CNF = C & amp; F = cost+freight cost plus freight price

CIF = cost+insurance+freight cost plus insurance and freight price

So the difference between them is who is in charge of insurance, that is, the buyer and the seller, CIF is the seller's insurance and CFR is the buyer's insurance.

QQ:6232 10440

What's the difference between CIF and CIF? Note that the CIF price of CIF equipment is divided into the original currency price and the RMB price, and the original currency price is converted into US dollars. The price of RMB is determined by multiplying the price of the original currency by the exchange rate of RMB converted from US dollars in the foreign exchange market, that is, FOB international freight at the port of shipment × freight rate (or unit freight rate× traffic volume). The transportation insurance premium [FOB international freight rate+foreign freight rate] shall be implemented with reference to the regulations of relevant departments or import and export companies. × insurance premium rate ÷( 1- insurance premium rate) The insurance premium rate shall be calculated according to the insurance premium rate of imported goods stipulated by the insurance company. The foreign trade commission rate is generally 1.5%. Price (CIF) × RMB foreign exchange rate × import tariff rate is a kind of tax consumption tax levied by the customs on inbound and outbound goods, articles or customs [(CIF × RMB foreign exchange rate+tariff) ÷( 1- consumption tax rate) ]× consumption tax rate is only levied on some imported equipment (such as automobiles and motorcycles). ) × VAT rate refers to the vehicle purchase tax (customs paid price+customs duty+consumption tax )× vehicle purchase tax rate levied by units and individuals engaged in import trade after the imported goods are declared for import. Imported vehicles are subject to import vehicle purchase tax.

What do CIF and FOB mean? It means transportation terms.

CIF refers to the ex-factory price of products+freight (from the charging port to the destination port)+insurance premium, that is, CIF (cost, insurance and freight).

F.O.B refers to the ex-factory price of products+the freight of goods arriving at the dock, that is, FOB (Free on Board).

Two basic trade modes in international trade. More commonly used. 1.FOB refers to the FOB price, that is, the cost price of the goods. As long as the seller completes the shipment at the agreed place on time and submits the relevant documents such as the bill of lading agreed in the contract to the seller, the delivery obligation will be fulfilled. That is, after the goods have crossed the ship's rail, the seller has the right to demand payment from the other party according to the contract. The seller does not need to bear the cost of international freight and freight insurance. 2.CIF refers to the CIF (cost = ex-factory price of products, insurance = insurance, freight = freight) price, that is, cost freight insurance. Just like FOB price, it means that the seller has the right to demand payment from the other party according to the contract after the goods have crossed the ship's rail. Although the seller pays the freight and insurance premium in advance, it is convenient for the buyer, because the risk caused by the goods crossing the ship's rail has been transferred to the buyer. FOB price is an image statement that conforms to its meaning, because FOB price includes all the costs and expenses of export products before they cross the ship's rail, and the risk is also transferred from the seller to the buyer at the ship's rail at the port of shipment, but it is unscientific to say that CIF price is CIF price. The reason why people mistakenly call CIF "CIF" is because on the surface, CIF price terms do include freight and insurance to the destination port, and people just name it from the price composition.

What is the difference between CIF ARA and FOB ARA barges? What does ARA mean? Do you know what CIF and FOB mean? You may not know that ARARA Yala is the price in argus. Petroleum products are priced at this price. This is a pricing method. You can Baidu argus to know that this is their pricing method.

What do you mean deepest? What's the difference between deep and deep? Deep is a prototype, which means deep.

Deep is the comparative of deep, which means deep.

The deepest is the highest realm and the deepest meaning of the deepest.