https://www.taxtmi.com/acts?id=11601 Calculation for AIFTA content sets FOB price as Ex Factory Price plus Other Costs incurred to place goods on board for export. Ex Factory Price equals Production Cost plus Profit. Production Cost comprises Cost of Raw Materials (including freight and insurance), Labour Cost (wages, remuneration and employee benefits) and Overhead Cost, with Overhead covering property and plant expenses, leasing and interest, insurance, utilities, R&D, tooling and depreciation, royalties or licences, inspection/testing, in factory storage/handling, waste disposal and port/clearance charges and import duties relating to raw materials. en-us Fri, 13 Aug 2010 22:25:11 +0530 Fri, 13 Aug 2010 22:25:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11601 Calculation for AIFTA content sets FOB price as Ex Factory Price plus Other Costs incurred to place goods on board for export. Ex Factory Price equals Production Cost plus Profit. Production Cost comprises Cost of Raw Materials (including freight and insurance), Labour Cost (wages, remuneration and employee benefits) and Overhead Cost, with Overhead covering property and plant expenses, leasing and interest, insurance, utilities, R&D, tooling and depreciation, royalties or licences, inspection/testing, in factory storage/handling, waste disposal and port/clearance charges and import duties relating to raw materials. Act-Rules Customs Fri, 13 Aug 2010 22:25:11 +0530 https://www.taxtmi.com/acts?id=11601