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. 2019 Sep 11;4(5):e001705. doi: 10.1136/bmjgh-2019-001705

Table 1.

Price component ‘stages’ with examples

Stage Description Sample price components
1 MSP or CIF price Manufacturer’s price and freighting charges
2 Landed cost Banking, port clearance, inspection fees, import tariffs, importer mark-up/fee
3 Wholesale Overhead costs, storage charges, mark-up and local transport
4 Retail Overhead costs and mark-up
5 Dispensed cost Dispensing fee, sales tax/VAT

CIF, cost insurance freight; MSP, manufacturer's selling price; VAT, value-added tax.