what is the FOB price in case of interstate sale ?
CA. Rajesh P. Ahir
(In Service @ PSU)
(687 Points)
Replied 27 May 2011
FOB (FREE ON BOARD)
THIS IS THE PRICE EXCLUSIVE IF INSURANCE, FRIGHT, UNLOADING CHARGES.ETC.
OPPOSITE OF FOB IS CIF
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 27 May 2011
FOB here represents the value upto delivery to transport at your place,
transportation , insurance, C&F would be borne by buyer.
CAclubindia
