The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
The information provided here is part of Export import business Course online
How to differentiate CFR with DAT?
What are the difference between DAT and CFR?
The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
As per Inco terms of shipping, DAT means Delivered at Terminal (named destination mentioned). CFR means, Cost and Freight (up to the destination mentioned).
The detailed articles on CFR and DAT with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CFR and DAT, so as to enable you to have a clear idea on these shipping terms.
The major difference between CFR and DAT is that the shipping term DAT is used in all modes of transport, where as CFR terms of shipping is used only for sea and inland water transport.
What is DAT? What are the responsibilities of buyer and seller under DAT terms? How does CFR term work? What are the obligations of buyer and seller under CFR terms.
For your immediate reference, I give below web links on DAT and CFR separately below.
The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
The above articles easily explain about CFR and DAT.
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.
I hope, you have satisfied with the difference between DAT and CFR explained easily. Do you have different thought on difference
The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
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