Free on Board is a shipping term for the point in the supply chain when a buyer or seller becomes liable for the goods being transported. Free on Board (FOB) is a shipment term that defines the ...

CESTAT Delhi held that no stranger to the contract of sale including the Customs officer has any right to re-determine the FOB value. The Customs Act and Rules cannot be applied to re-determine the ...

In addition, Luxshare said tariffs are usually paid by importers under normal free on board (FOB) shipping arrangements. In international commercial law, FOB specifies at what point respective ...

Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel ...

Delhi High Court held that Rule 16 of the Drawback Rules does not prescribe any limitation especially when there are strong ...

As companies directly or indirectly involved in international trade and cross-border supply chains navigate the complexities ...

“Cheap US LPG is flooding the market,” an official from a state refiner said, adding that with the right discounts US ...

MUSCAT: OQ Trading (OQT), part of Oman’s integrated energy group OQ, has signed a 15-year agreement to purchase liquefied ...

ENN has assured investors it can flexibly reroute US-sourced LNG cargoes to international buyers despite growing trade ...

Since the imposition of a 145% tariff on Chinese imports in the US, American logistics firms have reported a sharp decline in ...

The merchandise was loaded into shipping containers and discovered later by authorities at ports on Staten Island and in ...