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You’ve finally sourced the perfect product from China. The price looks right, the supplier is responsive, and you’re ready to place your first order. But then comes the freight quote—and suddenly, ...
As companies directly or indirectly involved in international trade and cross-border supply chains navigate the complexities ...
CESTAT Delhi held that no stranger to the contract of sale including the Customs officer has any right to re-determine the FOB value. The Customs Act and Rules cannot be applied to re-determine the ...
The Free on Board or (FOB )is one of the INCOTERMS – which are the terms ... The costs and risks associated with transportation to the destination, etc., are all on account of the buyer.
CESTAT Delhi held that FOB value is the transaction value ... risks and costs associated with transporting them up to destination thereafter is on account of the importer. Similarly, C & F is an ...
Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Somer G. Anderson is CPA, doctor of ...