Supplier Quote Comparison
The lowest price isn’t always the lowest cost once the goods arrive. Enter two or three quotes with their currencies and delivery terms, and we work out the unit cost in your warehouse for each.
Cost breakdown
How we calculate
- CIF
Customs value
The price of the goods in riyals, plus freight and insurance to the port of arrival if the price doesn’t include them, and the costs in the supplier’s country under EXW. Customs duty is charged on this at the item’s rate.
- 15%
Import VAT
Charged on the customs value plus duty and paid at clearance. A registered company recovers it in its return, so it isn’t a cost, except under DDP, where the supplier is the importer.
- 3.75
Currencies
The dollar is pegged to the riyal at 3.75 and the UAE dirham to the dollar; for other currencies, enter the rate your bank gives you.
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