CIF vs. FOB: Understanding Key Differences in International Shipping Terms

Explore CIF and FOB shipping terms to understand buyer versus seller responsibilities, cost implications, and best practices ...
Tax Guru

FOB Value Not to Be Treated as Cum-Duty for Export Duty Assessment

The CESTAT Hyderabad dismissed an appeal by Essel Mining and Industries, ruling that the Free On Board (FOB) value for iron ore exports cannot be treated as a cum-duty price for calculating export ...
Reuters

FOB Gulf Grain-Corn premiums climb as CIF basis jumps

June 13 (Reuters) - U.S. corn export premiums at the Gulf Coast rose on Wednesday in tandem with firmer CIF basis values which hit a one-month peak amid tight supplies and demand from short-bought ...
Reuters

FOB Gulf Grain-Soy basis steady-weak as CIF values ease

Feb 24 (Reuters) - Soybean export premiums at the U.S. Gulf Coast were mostly steady to lower on Friday amid weak CIF basis values and moderate demand for near-term shipments, traders said. * The spot ...