29 July 2010
Yes, It does not include commission. F.O.B. – Full form is Free on Board. FOB means the stage at which the goods are placed on board the conveyance carrying the vessel. It can be said to include FAS+loading charges+export duty cess.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
29 July 2010
To get FOB turnover from actual export turnover whether Commission paid is to be deducted if the realised foreign currency is after deducting the commission