What is the meaning of FOB in Custom
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Idt
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Free on Board
FOB stands for "Free on Board."
It refers to the physical location that title to the goods changes hands from the shipper to the recipient. At that point, the recipient assumes the risk of loss and takes responsibility for any shipping charges. It has nothing to do with the method of shipment.
Ajay Jain sir has amended his book for May12 IDT Final or not????
plz someone tell
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