meaning of ex-factory price
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 May 2011
Dear Experts,
i just want to know that:
1. what is the meaning of ex factory price?
2. whether packing and forwarding exps. are included in ex factory price or not?
Thanks in advance.....
i just want to know that:
1. what is the meaning of ex factory price?
2. whether packing and forwarding exps. are included in ex factory price or not?
Thanks in advance.....
Bindu Madhav
(Expert)
25 May 2011
Ex-factory price is the price what is company intends to sell at Factory gate. ie. if any person comes and taking the delivery at Factory gate -the price would not be included for freight outward etc.,
Packing charges - if it is essential to carry the goods it is inclusive. Like Mineral water bottle cost is inclusive. However, if the packing charges are specific - not inclusive. Like a customer ordered for special package (Gift pack) like these won't be inclusive.
Forwarding expenses - not inclusive as it is Ex-Factory
Packing charges - if it is essential to carry the goods it is inclusive. Like Mineral water bottle cost is inclusive. However, if the packing charges are specific - not inclusive. Like a customer ordered for special package (Gift pack) like these won't be inclusive.
Forwarding expenses - not inclusive as it is Ex-Factory
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Import Order Cancelled.
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Form 144 TDS Return Validation Error – Mandatory Fields
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
