Is CIF for Sea Freight Only?

Is CIF for Sea Freight Only?

CIF, or “Cost, Insurance, and Freight,” is a common sea freight incoterm which  means the seller must ship the goods and have them cleared so they can be exported on a vessel when the items are shipped. The seller initially pays for the movement and shipping of the...
Can You Deduct TDS on Ocean Freight?

Can You Deduct TDS on Ocean Freight?

Shipping freight in containers across the ocean is one of the most common ways that importers and exporters do business. Unfortunately, some countries have confusing surcharges that are applied to this practice of ocean freight carrying.  So, understanding the tax...