CIF value definition

CIF value means the value of the goods imported and includes the cost of freight and insurance up to the port or place of entry into the country of importation;
CIF value means the customs value of the imported good in accordance with the Agreement on Customs Valuation and includes freight and insurance where appropriate, packing and all other costs incurred in transporting the material to the importation port in the Party where the producer of the good is located.
CIF value means the price actually paid or payable to the exporter for the good when the good is unloaded from the carrier, at the port of importation. The value includes the cost of the good, insurance and freight necessary to deliver the good to the named port of destination.

Examples of CIF value in a sentence

  • Wherever applicable, the amount of custom duty with CDEC applicable on CIF value on the goods to be imported;e.

  • Xiangtan disagreed with the method used by the Commission to correct the ocean freight cost used for constructing the CIF value.

  • We then calculate average applied tariffs for each of the three categories.Figure 1 presents averages of duties collected over CIF value of imports for men’s, women’s, and non-gendered imported apparel between 2006 and 2016.13 As evident from the figure, the average tariffs on all three categories of apparel increased between 2006 and 2016.

  • Expenditure in foreign currency and CIF value of imports Earnings in foreign currency Calculation of Earnings per Share Capital commitments & other commitments Information on litigations and claims as at March 31, 2xx3 along with certificate from advocate for pending legal cases and expected cash outflow in each case.

  • It shows the description of the goods to be imported, quantity of the goods and their C.I.F. value.


More Definitions of CIF value

CIF value means the price actually paid or payable to the exporter for a good when the good is loaded out of the carrier, at the port of importation, including the cost of the good, insurance, and freight necessary to deliver the good to the named port of destination. The valuation shall be made in accordance with the Customs Valuation Agreement;
CIF value means the price paid by the importer that includes the costs, insurance and freight needed to transport goods to a port of destination;
CIF value means the price actually paid or payable to the exporter for the goods when the goods are unloaded from the carrier, at the port of importation. The value includes the cost of the goods, insurance and freight necessary to deliver the goods to the named port of destination;
CIF value means the value of the goods at the time of importation, including freight and insurance, packing, and all other costs incurred in transporting to the port of importation;
CIF value means the customs value of the imported good in accordance with the Agreement on Customs Valuation and includes freight and insurance where appropriate, packing and all other costs incurred in transporting the material to the importation port in the Party where the producer of the good is located. Note 2: For the purposes of this paragraph, the "transaction value" means the price actually paid or payable for a material with respect to a transaction of the producer of the material. 4. The Agreement on Customs Valuation shall apply, mutatis mutandis, for the purposes of calculating the value of a good or non- originating material referred to in subparagraphs 2(b) and 3(b). 5. For the purposes of this Article, the value of a non- originating material used in the production of a good in a Party shall not include the value of non-originating materials used in the production of originating materials of the Party which are used in the production of the good.
CIF value means the price paid to the exporter for the product when it arrives at the port of importation. The exporter must pay the costs, freight, and insurance necessary to deliver the product to the named port of destination. The valuation shall be made in accordance with the Agreement on the implementation of Article VII of GATT 1994.
CIF value means the price actually paid or payable to the exporter for the product when the product is loaded out of the carrier, at the port of importation, including the cost of the product, insurance, and freight necessary to deliver the product to the named port of destination. The valuation shall be made in accordance with Article VII of the General Agreement on Tariffs and Trade 1994, including its notes and supplementary provision thereof and, the Customs Valuation Agreement;