The incoterms DAT/DAP/DDP/DDU/DAF/DES/DEQ were shown in the invoice but I was not able to find the incoterms in the invoice declaration screen. Which incoterm should I declare to derive the Cost, Insurance and Freight (CIF)?
The incoterms DAT/DAP/DDP/DDU/DAF/DES/DEQ refer to Cost, Insurance, Freight (CIF) value with the addition of local handling charges. The Declarant needs to check the invoice and verify the breakdown values of the local handling charges.
Then, select CIF for the incoterm. The total invoice value will be the CIF value. The CIF value should exclude local handling charges.
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