Why should think about FOB Terms of delivery?

Features of FOB

 

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 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.

 

 *In FOB, the importer has more control over their shipment. The importer has to look after the transportation. So importer has the benefit of hiring their own forwarder at an agreed freight rate, among other charges. 

*Suppliers are in charge of clearing merchandise through customs at export, including export clearance documents at the port or terminal under FOB, which could spare a buyer considerable hassle and further difficulties. This could likewise save cash and time for the purchaser.

* FOB is a decent answer for bulk transporting merchandise from a supplier, as you have full cost control and the provider is in charge of clearing the products and export duties.

* By utilizing an autonomous professional freight forwarding or specialist logistics company who is free from the vendor, the buyer likely save expenses and guarantee goods are securely transported to the end destination.

 

 

 

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STALE BILL OF LADING What does it mean?  

Difference between Clean On Board Bill of Lading and Shipped On Board Bill of Lading. 

Can Original Bill of lading be surrendered under DP terms of payment 

Can Original Bill of lading be surrendered under LC at sight 

Can Bill of Lading be surrendered on LC terms 

How to obtain a duplicate BL, if original bill of lading lost?    

Can a Bill of Lading be consigned to a customs broker? 

Can I get bill of lading before loading cargo 

Can two consignments meant for one buyer be shipped together under one Bill of Lading?  

Consignee To Order in Bill of Lading  

How to avoid delay in receiving OBL Original Bill of Lading?  

Amendment of Bill of Lading   

How to amend shipper details in Bill of Lading?.  

How to surrender HBL House Bill of Lading  

How to import to India from Palau?

How to export from India to Palau?

Documents required for Export from Palau

Customs procedures for Palau Export

Registration required to export from Palau

Documents needed for Palau import

GST on short supplied goods and services by nature

Impact of GST on imports in India

Applicable import duty after GST implantation

How to calculate IGST under imports?

Changes in IEC after GST

Linking IEC with GSTIN in customs

Import under EPCG after GST

GST on imports by EOUs and SEZs

Changes of operation of SEZ

Does CVD exists under project imports?

Baggage clearance after GST implementation

Term All Industry Rate (AIR) undeWhat is Non-taxable and GST-free supplies

Term Non-Filers and Late-Filers under GST

Term non-taxable supply under GST

What is Invoice under GST

Non Registered person under GST

Exemptions under GST Registration

Term Net value of taxable supplies under GST

What is Net Taxable Turnover under GST

What is NEFT or RTGS option under GST

What is Business Vertical under GST

Meaning of Migration to GST

Migration of existing taxpayers under GST

Meaning of Merchant Overtime charges (MOT) under GSTr GST

What is Threshold limit under GST

Meaning of Impact of GST on logistics sector

 


Comments


NEHA: Hello, can u please send me all the details in my email id. i want FIEO / FERA and all about import export course notes

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