meaning of ex-factory price

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 May 2011 Dear Experts,

i just want to know that:

1. what is the meaning of ex factory price?
2. whether packing and forwarding exps. are included in ex factory price or not?

Thanks in advance.....

Bindu Madhav

Bindu Madhav (Expert)
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25 May 2011 Ex-factory price is the price what is company intends to sell at Factory gate. ie. if any person comes and taking the delivery at Factory gate -the price would not be included for freight outward etc.,

Packing charges - if it is essential to carry the goods it is inclusive. Like Mineral water bottle cost is inclusive. However, if the packing charges are specific - not inclusive. Like a customer ordered for special package (Gift pack) like these won't be inclusive.

Forwarding expenses - not inclusive as it is Ex-Factory