FOB value definition

FOB value means the price actually paid or payable to the exporter for the good when the good is loaded into the carrier at the named port of exportation. The value includes the cost of the good and all costs necessary to bring the good into the carrier.
FOB value means the free-on-board value of the goods, inclusive of the cost of transport to the port or site of final shipment abroad;
FOB value means the price actually paid or payable to the exporter for a product when the product is loaded onto the carrier at the named port of exportation, including the cost of the product and all costs necessary to bring the product onto the carrier and the valuation shall be made in accordance with the Agreement on Customs Valuation;

Examples of FOB value in a sentence

  • The FOB value is not required for consignments where the origin criteria does not include a Regional Value Content requirement.

  • In the case of goods exported from and imported by Cambodia and Myanmar, the FOB value shall be included in the Certificate of Origin or the back-to-back Certificate of Origin for all goods, irrespective of the origin criteria used, for two (2) years from the date of entry into force of the First Protocol or an earlier date as endorsed by the Committee on Trade in Goods.

  • For the purposes of this Chapter, the FOB value of particular goods is to be determined under Articles 1 to 8, Article 15 and the corresponding interpretative notes of the WTO Customs Valuation Agreement, as adjusted to exclude any costs, charges, or expenses incurred for transportation, insurance, and related services incidental to the international shipment of the merchandise from the country of exportation to the port or place of importation.

  • The FOB value in Box 12 only needs to be provided when the Regional Value Content criterion is applied in determining the originating status of goods.

  • For Consignments to all Parties where the origin criteria includes a Regional Value Content requirement: • An exporter from an ASEAN Member State must provide in Box 9 the FOB value of the goods • An exporter from Australia or New Zealand can complete either Box 9 or provide a separate “Exporter Declaration” stating the FOB value of the goods.


More Definitions of FOB value

FOB value or free-on-board value means the price actually paid or payable to the exporter for a product when loaded onto the carrier at the named port of exportation, including the cost of the product and all costs necessary to bring the product onto the carrier;
FOB value means the free-on-board price paid to the exporter for the product when it leaves the named port of shipment. Thereafter, the importer will assume the costs including the necessary expenses for the shipment. The valuation shall be made in accordance with the Agreement on the implementation of Article VII of GATT 1994.
FOB value means the price actually paid or payable to the exporter for a good when the good is loaded onto the carrier at the named port of exportation, including the cost of the good and all costs necessary to bring the good onto the carrier and the valuation shall be made in accordance with the customs valuation agreement;
FOB value means the free-on-board value of the goods, inclusive of the costs of transport to the port or site of final shipment abroad; “fungible goods or materials” means goods or materials that are interchangeable for commercial purposes and whose properties are essentially identical;
FOB value means the free­on­board value of exported goods;
FOB value means a value consisting of all costs payable by a purchaser, including those in- curred in the placement aboard a conveyance for shipment, but not including the actual shipping costs and the amount of a charge payable under section 10.
FOB value means the price actually paid or payable to the exporter for a product when the product is loaded onto the carrier at the named port of exportation, including the cost