Export supplies

Import / Export 112 views 3 replies
what u mean by FOB value of non-gst export supplies?
Replies (3)

FOB---Free on Board.

FOB value does not include any freight & insurance paid beyond custom.

Yes agree with Kamal ji
FOB means Freight On Board or Free On Board. If terms of delivery of a transaction is on FOB means, the cost of movement of goods on board of Airlines or on board of ship is borne by the seller. Rest of all expenses to arrive the goods at buyer's premise has to be met by the buyer.


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