FOB Price: Under the FOB contract, the seller quotes a price which includes all the expenses incurred until the goods are actually delivered on board the ship at the port of shipment. It constitutes
           (a)   Ex-Factory price
(b)Â Â Â Packing charges
(c)Â Â Â Â Inland transportation cost.
(d)Â Â Â Wharfage and Porterage.
(e)Â Â Â Customs and Port dues.
(f)Â Â Â Â Export duty, if any, etc.
FOB PRICE = Cost of goods + Expenses upto Board the ship + Profit – Export Incentives
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