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Preparing Profome invoice, should I mention the cost of insurance and freight solely or including in product cost?
Post 1 of 26
I m new to Industry. One of my buyer asked for quotation in Incoterms CIF. So in preparing Profome invoice, should i mention the cost of insurance and freight solely or including in product cost. What is better way to make best quotation.
17 Aug 2006 00:46
Post 2 of 26
Replying to [hirenapatel1980]:
It's always better to mention Insurance and Freight seperatly in the proforma invoice as well as in the main Invoice. In some countries, custom duties are levied only on FOB. This way the buyer is saved from paying custom duty on freight and insurance.
24 Aug 2006 02:24
Post 3 of 26
frankxuaiming
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Replying to [hirenapatel1980]:just put it together into one price, get freight/insurance premium included, otherwise, you will make it confused or complicated.
24 Aug 2006 06:43
Post 4 of 26
Replying to [hirenapatel1980]:when small buyers asks for a quote they prefer the CIF as the qty will be smaller and they will be concerned about the cost per piece which is the ultimate pricing factor.
but in cases of big buyers the quote will work better in FOB prices
as they will have their own clearing agents take care of their shipments.
25 Aug 2006 00:32
Post 5 of 26
Replying to [hirenapatel1980]:

The idea behind askin for this kind of invoice is to get a general feel for the cost of your products. The customer is not placing an order yet, just trying to size you up for prices. Better to provide the lowest possible prices at this point and at the end of your invoice generally mention that other charges may apply after an order was placed.....what if the freight cost goes up before the customer places an order.
25 Aug 2006 11:56
Post 6 of 26
Replying to [rezaali55]:

Same here!!
25 Aug 2006 23:21
Post 7 of 26
you should mention it in the invoice as already included in the price of the product
27 Aug 2006 01:59
Post 8 of 26
Replying to [hirenapatel1980]:Seperatly showing is batter.
27 Aug 2006 10:18
Post 9 of 26
shirleyzheng
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Replying to [hirenapatel1980]:seperately better,it can see clearly
28 Aug 2006 00:21
Post 10 of 26
MUNANi
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Replying to [hirenapatel1980]:i suppose you should include all of it for easy business so the buyer could be able to his/her budget. reason is because due to the economic situation in other countries mostly in under developed countries eg. africa they will need to know future expense.
28 Aug 2006 05:34
Post 11 of 26
Replying to [hirenapatel1980]:seperately is best way
[em18]
29 Aug 2006 06:48
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