Ques:- What is cif
Asked In :-
Avery Dennison (India), Bisleri, TFT, Iron Mountain Inc, DCM Shriram, Shadowfax Technologies, Repos Energy, Heathrow Airport, South Western Railway, National Defence and the Canadian Forces,
Right Answer:
CIF stands for Cost, Insurance, and Freight. It is a shipping term that indicates the seller is responsible for the costs of transporting goods, including insurance and freight charges, until the goods reach the buyer's port.
CIF stands for Cost, Insurance, and Freight. It is a shipping term that indicates the seller is responsible for the costs of transporting goods, including insurance and freight charges, until the goods reach the buyer's port.