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.