https://www.taxtmi.com/forum/issue?id=109661 Where a shipping bill records the transaction term as C&F but the exporter has no insurance policy, the exporter may represent to the bank that the sale was on a C&F basis and therefore is not obliged to produce an insurance policy; banks should accept the exporter's declaration that insurance was not provided when the contractual term places insurance responsibility elsewhere, subject to the bank's internal conditions. en-us Tue, 05 Jan 2016 17:10:44 +0530 Thu, 23 Jan 2025 15:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109661 Where a shipping bill records the transaction term as C&F but the exporter has no insurance policy, the exporter may represent to the bank that the sale was on a C&F basis and therefore is not obliged to produce an insurance policy; banks should accept the exporter's declaration that insurance was not provided when the contractual term places insurance responsibility elsewhere, subject to the bank's internal conditions. Discussion-Forum Customs Tue, 05 Jan 2016 17:10:44 +0530 https://www.taxtmi.com/forum/issue?id=109661