Dear Experts,
We received the LC in which we have the below pricing clarification. LC was issued for value $60800 wherein the goods value given in field 45A was $59000. Do we need to assume the remaining amount $1800 covers the freight charges as the LC incoterms is CFR.
Good description:
:32B:(Currency code and amount)
USD60800
Quote
:45A:(Goods desc)
200 KGS OF COCONUT FLAVOUR AT THE RATE
OF USD 25.50 PER KG
400 KGS OF MANGO CHAUNSA FLAVOUR AT THE
RATE OF USD 9.80 PER KG
CFR xxxxx, xxxxx
Unquote
200 x 25.50 =5100
400 x 9.80 =53900
.
REGARDS
Dinesh Kumar
Incoterms CFR--
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