While exporting the goods to foreign countries, it is necessary to make it very clear who is going to be liable in case of damaged or destroyed goods while shipping. Free on Board is a shipment term used to indicate that. Import Export FOB affects the inventory costs for the buyer. To know more about FOB, watch this video by International Import-Export Trainer Paresh Solanki, who is explaining all about it including how to calculate FOB price for export. #GoGlobal #PareshSolanki | Paresh Solanki

Do you know The government is giving Export Benefits on FOB Value in Export When any Exporter is exporting from India government calculates Benefits on FOB (Free on Board) value As an Exporter you can use any incoterms for Export import business but you will get government benefits on FOB Value And government charge import duty on CIF value #Pareshsolanki #Exporter #GoGlobal #Export #Import #Business #Training #EximTraining#Onlineclasses #ExportImportTraining #Entrepreneur #ExportBusiness #EximB