FOB price

what is the FOB price in case of interstate sale ?

Replies (2)

FOB (FREE ON BOARD)

THIS IS THE PRICE EXCLUSIVE IF INSURANCE, FRIGHT, UNLOADING CHARGES.ETC.

 

OPPOSITE OF FOB IS CIF

FOB here represents the value upto delivery to transport at your place, 

transportation , insurance, C&F would be borne by buyer.

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