Calculation of FOB Value

Ankur (Work) (70 Points)

27 November 2009  

I want to know as to how to calculate the FOB Value? We need to submit a report to our association in which we should indicate the FOB value of sales. We invoice our customer in USD and also includes postage and packing charges in USD in the invoice. for eg.


Product                                        USD 1000.00

Postage and packing                      USD   150.00

Total                                             USD 1150.00


In this case, we do not pay USD 150 but we pay Rs. 5000/- for postage. Please guide.