Table 1

Price component ‘stages’ with examples

StageDescriptionSample price components
1MSP or CIF priceManufacturer’s price and freighting charges
2Landed costBanking, port clearance, inspection fees, import tariffs, importer mark-up/fee
3WholesaleOverhead costs, storage charges, mark-up and local transport
4RetailOverhead costs and mark-up
5Dispensed costDispensing fee, sales tax/VAT
  • CIF, cost insurance freight; MSP, manufacturer's selling price; VAT, value-added tax.