Method of calculation of FOB value
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....ure-II (See rule 5) Method of calculation of FOB value 1. FOB value shall be calculated in the following manner, namely:- (a) FOB Value = ex-factory price + other costs (b) Other costs in the calculation of the FOB value shall refer to the costs incurred in placing the goods in the ship for export, including but not limited to, domestic transport costs, storage and warehousing, port handling,....
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...., (c) factory security, (d) insurance (plant, equipment and materials used in the manufacture of the goods), (e) utilities (energy, electricity, water and other utilities directly attributable to the production of the goods), (f) research, development, design and engineering, (g) dies, moulds, tooling and the depreciation, maintenance and repair of plant and equipment, (h) royalties or licen....