The shipment
How the goods travel
Container cargo is handed to the carrier at the terminal. The ICC suggests FCA, CPT and CIP for it; FOB, CFR and CIF are shown because many buyers still ask for them.
Printed on the quotation if you make one.
Your costs in rupees
Enter each cost for the whole shipment. Leave a box empty if it does not apply. If you claim input tax credit, enter the costs without GST.
Your selling price for one unit before any export cost, without GST.
Cartons, crates, pallets, labels. Part of every price, even EXW.
The buyer's job under EXW; yours from FCA onwards.
Truck or rail from your factory to the departure point.
Customs broker fees and the documents needed to clear the goods for export.
Terminal handling (THC), container freight station and similar charges.
Currency, freight and insurance
Leave empty to use today's market rate, ₹94.6163 (6 Nov 2026). Type your bank's rate or your forward contract rate to use that instead.
From your freight forwarder's quote, for the whole shipment.
Ask your insurer. CIF needs at least the basic cover, Institute Cargo Clauses (C). CIP needs all-risks cover, Institute Cargo Clauses (A), which usually costs more.
Prices to quote, in USD
Per unit, rounded up so the total never falls short of your costs. Tap a term for its breakdown.
Your price
FOB Chennai: $0.827 per sq ft
$3,968.66 for 4,800 sq ft, which is ₹3,75,500.00.
- FactoryKrishnagiri
- DepartureChennai
- On boardLoaded on the shipRisk passes to the buyer
- DestinationJebel Ali
What this price covers
- Goods at your factory price
- ₹3,12,000.00$3,297.53
- Export packing and marking
- ₹22,000.00$232.52
- Transport to the departure point
- ₹18,000.00$190.24
- Export customs clearance
- ₹9,500.00$100.41
- Terminal and port charges at departure
- ₹14,000.00$147.97
- FOB price
- ₹3,75,500.00$3,968.66
- Container cargo is handed to the carrier at the terminal, before it is on board. The ICC advises FCA instead of FOB, and CPT or CIP instead of CFR or CIF, so the risk does not stay with you while the box waits at the port.
- You clear the goods for export. The buyer clears them for import and pays the import duties.
Good to know
- Exports are zero-rated under GST. Ship under a Letter of Undertaking (LUT) and no GST is added to your export price.
- You pay GST on the services you buy, such as transport, the customs broker and the forwarder, and can claim it back as input tax credit. That is why the costs above are entered without GST.
- Your shipping bill is valued at the export exchange rate CBIC publishes on ICEGATE, not at the market or bank rate used here.
- Banks buy foreign currency from exporters at their own buying rate, usually a little below the market rate. Type your bank's rate above to price with it.
- Incoterms 2020 do not name terminal handling charges, so say in your quotation who pays them.
Incoterms 2020 export terms at a glance
Who does what under each term the calculator prices, from the International Chamber of Commerce (ICC) rules. The named place after the term (FOB Chennai, CIF Jebel Ali) is part of the term.
| Term | You deliver, and the risk passes | Export clearance | Main freight paid by | Insurance you must buy | Use for |
|---|---|---|---|---|---|
| EXWEx Works | At your premises, not loaded | Buyer | Buyer | None | Any transport |
| FCAFree Carrier | To the buyer's carrier at the named place | You (seller) | Buyer | None | Any transport |
| FOBFree On Board | On board the ship at the departure port | You (seller) | Buyer | None | Sea and inland waterway only |
| CFRCost and Freight | On board the ship at the departure port | You (seller) | You (seller) | None | Sea and inland waterway only |
| CIFCost, Insurance and Freight | On board the ship at the departure port | You (seller) | You (seller) | At least ICC (C), for 110% of the price | Sea and inland waterway only |
| CPTCarriage Paid To | Handed to the carrier you contracted | You (seller) | You (seller) | None | Any transport |
| CIPCarriage and Insurance Paid To | Handed to the carrier you contracted | You (seller) | You (seller) | At least ICC (A), for 110% of the price | Any transport |
How the prices are built
- EXW is your factory price times the quantity, plus export packing, which the seller provides under every term.
- FCA adds loading at your premises, transport to the departure point and export customs clearance.
- FOB adds the terminal and port charges at departure and, for loose cargo, loading on board. CPT adds the same charges plus the freight.
- CFR adds the sea freight. CIF and CIP add the insurance premium: the price is grossed up so that a premium of your rate × 110% × the price sits inside it. Insurers may work on a different base, so treat the premium as an estimate.
- Every rupee cost is turned into the buyer's currency at the rate shown, and the unit price is rounded up so quoting it never undercuts your costs.
Questions exporters ask
What is the difference between FOB and CIF?
Under FOB you pay every cost until the goods are loaded on the ship at the departure port. Under CIF you also pay the sea freight and cargo insurance to the destination port. In both cases the risk passes to the buyer once the goods are on board at the departure port, so CIF does not make you responsible for the goods during the voyage.
Should I quote FOB for a container shipment?
The ICC advises against it. A container is handed to the carrier at the terminal, often days before it is loaded, and under FOB the risk stays with you until it is on board. FCA (and CPT or CIP instead of CFR or CIF) moves the risk at the handover. Many buyers still ask for FOB, so the calculator shows both.
How is the CIF insurance worked out?
Incoterms 2020 require the seller to insure at least the contract price plus 10% (110%), in the contract currency. With your insurer's rate, the premium is rate × 110% × the CIF price, and because the premium is part of the price, CIF = CFR ÷ (1 − 1.1 × rate). CIF needs at least Institute Cargo Clauses (C); CIP needs Institute Cargo Clauses (A). Your insurer's quote decides the exact premium.
Do I add GST to an export price?
No. Exports are zero-rated supplies under section 16 of the IGST Act. You can ship under a Letter of Undertaking (LUT) without paying IGST and claim a refund of the unused input tax credit, or, for most goods, pay IGST and claim that tax back as a refund.
Which exchange rate should I use?
To set a price, use the rate your bank will actually give you, or your forward contract rate. The calculator starts from today's market rate, and banks usually pay exporters a little less. Your shipping bill is valued separately at the export rate CBIC publishes on ICEGATE.
Why is EXW not a good choice for exports from India?
Under EXW the buyer must clear the goods for export. The ICC says EXW suits domestic sales and advises FCA for exports, where you clear the goods and hand them to the buyer's carrier. In India the shipping bill carries the exporter's IEC, so FCA usually matches what really happens.
Who pays terminal handling charges?
Incoterms 2020 do not name terminal handling charges. They split costs at the delivery point: under FOB, CFR and CIF you pay every cost until the goods are on board, and under CPT and CIP the costs in your carriage contract; under FCA, costs after you hand the goods over are the buyer's. Ports and carriers bill these charges differently, so say who pays them in your quotation.
Is anything I type saved?
No. The calculator runs in your browser and keeps your figures only in this tab until you close it. Nothing is sent to Bael Trade unless you choose to make a quotation.
This calculator applies the Incoterms 2020 rules to the costs you enter. It is a pricing aid, not legal, tax or insurance advice; agree the exact terms with your buyer, freight forwarder and insurer.
Incoterms® is a registered trademark of the International Chamber of Commerce.