Calculate customs value under CIF (Cost + Insurance + Freight) vs FOB (Free On Board) methods. US uses FOB; EU, UK, and Australia use CIF. Shows duty savings from using FOB where permitted.
Calculate customs value under CIF (Cost + Insurance + Freight) vs FOB (Free On Board) methods. US uses FOB; EU, UK, and Australia use CIF. Shows duty savings from using FOB where permitted
Each component has a specific meaning:
Note: Interpret the cif vs fob customs result against the thresholds and context described above.
Enter the using FOB where permitted for the scenario you are assessing. Calculate customs value under CIF (Cost + Insurance + Freight) vs FOB (Free On Board) methods. US uses FOB; EU, UK, and Australia use CIF. Shows duty savings from using FOB where permitted. Use the cif vs fob customs result to inform your calculation.