will explain C&F ( also called CNF ) terms of delivery with a simple example.
You are a Machinery seller situated near Mumbai, India. The buyer is situated in New york. You are the seller of goods and you have contracted with the buyer and agreed to sell the goods on C&F New York price of USD 5700. Here the selling cost of goods is USD 5700 C&F New York. Here the seller arrange to carry the goods to Mumbai port and meet all expenses including customs clearance in Mumbai and pays the ocean freight or airfreight up to New York. In this case, the seller decides the shipping company or airlines to move goods from Mumbai to New York, as he is paying freight of consignment. In other words, all delivery expenses up to New York is borne by the seller. The buyer takes delivery of cargo after customs clearance in New York at his own cost. Insurance of the goods is met by the buyer in case of C&F transaction.
