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Cost, Insurance, and Freight

Bags and Luggage Bags
From Indonesia
To Malaysia
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Raymond Y.
Sep 10, 2021

What are buyer's responsibilities in Cost, Insurance, and Freight?

1 answer

David W.
Sep 10, 2021

Once the goods have arrived at the buyer's destination port, the buyer assumes responsibility for the costs associated with importing and delivering the goods. Some of these costs include the following:

Unloading the product at the port terminal
Transferring the product within the terminal and to the delivery site
Custom duty charges and associated with importing the goods
Charges for transporting, unloading, and delivering the goods to the final destination

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