Difference between CPT and CIF in shipping terms

The information provided here is part of Online export import business guide course

 

How to differentiate CIF with CPT

 

 

Detailed articles about Inco Terms of Delivery under export and import of International business  have been mentioned in  separate category – INCO TERMS – in this web site.  You can click here to read. 



Difference between CIF and CPT in shipping terms copyWhat are the difference between CPT and CIF?

 

As per Inco terms of shipping, CPT means Carriage paid to (named destination mentioned). CIF means, Cost, Insurance and Freight (paid up to the destination mentioned).

 

The detailed articles on CIF and CPT with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CIF and CPT, so as to enable you to have a clear idea on these shipping terms.

 

The major difference between CIF and CPT is that the shipping term CPT is used in all modes of transport, where as CIF terms of shipping is used only for sea and inland water transport.

 

What is CPT? What are the responsibilities of buyer and seller under CPT terms? How does CIF term work? What are the obligations of buyer and seller under CIF terms?

 

 

 

For your immediate reference, I give below web links on CPT and CIF separately below. 

CPT terms, a quick reference

How does Inco terms CIF work in international trade? 

Detailed articles about Inco Terms of Delivery under export and import of International business  have been mentioned in  separate category – INCO TERMS – in this web site.  You can click here to read.

 

The above articles easily explain about CIF and CPT.

 

I hope, you have satisfied with the difference between CPT and CIF explained easily. Do you have different thought on difference between CIF and CPT?

 

The above information is a part of Guide on howtoexport and import 

 


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Comments


subhy: good morning, kindly inform for which type of transport i.e. air land, can use CPT as the information shows all

Surendran Kollerath: Hi Subhy, You can read http://howtoexportimport.com/Mode-of-transport-under-EX-WORKS-FCA-CPT-CIP-DAT-D-543.aspx

PRADEEP B: we want to know that we had order the materials from china to purchase and bring it to india we had also import and export licence. but there are what is the best way to import the materials through CIF , FOB AND WHAT OF MEANING THAT. KINDLY GUIDE US.

RAM PRASAD PAL: Just i need CPT & CIF both are same or different meaning.

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