What is C&F or CNF Means, How to Calculate CNF/ CFR Value for Export (Complete Guide in URDU/Hindi)

What is CNF Means: In this video, we share What is C&F or CNF Means, How to Calculate CNF/ CFR Value for Export (Complete Guide in URDU/Hindi). Subscribe to our channel for more videos. http://www.pakistancustoms.net/2018/01/What-is-CNF-Means-How-to-Calculate-CNF-CFR-Value-for-Export-in-URDU-Hindi.html What is CNF Means, How to Calculate CNF Value for Export CFR, C&F or CNF means Cost & Freight (followed by a destination). Here, the selling cost of export sale includes cost and freight of goods. 1) C&F or CNF abbreviation (Cost No Insurance Freight) 2) CFR abbreviation (Cost and Freight) I will explain C&F ( also called CNF ) terms of delivery with a simple example. You are a Machinery seller situated near Karachi, Pakistan. The buyer is situated in New York. You are the seller of goods and you have contracted with the buyer and agreed to sell the goods on C&F New York price of USD 5700. Here the selling cost of goods is USD 5700 C&F New York. Here the seller arrange to carry the goods to Karachi port and meet all expenses including customs clearance in Karachi and pays the ocean freight or airfreight up to New York. In this case, the seller decides the shipping company or airlines to move goods from Karachi to New York, as he is paying freight of consignment. In other words, all delivery expenses up to New York is borne by the seller. The buyer takes delivery of cargo after customs clearance in New York at his own cost. Insurance of the goods is met by the buyer in case of C&F transaction. Thanks for watching What is C&F or CNF Means, How to Calculate CNF/ CFR Value for Export (Complete Guide in URDU/Hindi) video and don't forget to like, comment and share. Related Searches: Cnf Means, Cfr Incoterms, Cnf Shipping, Cnf Price, Cnf Shipping Term, Incoterm Cnf, Cfr Shipping, Cnf Term, Cnf Incoterms, Cfr Freight, Cnf Stands For, Cnf Freight, What Does Cfr Stand For, Cost And Freight,