What value should I declare for export? The invoice shows Free Carrier (FCA) incoterm.

Question

Accepted Answer

For the purpose of obtaining an export permit, the value declared for the goods is based on its Free on Board (FOB) value, excluding freight and insurance charges.

The FOB value may include any charges (excluding freight and insurance) such as packing fee, fumigation fee, or repair fee. If any of these charges form part of the selling price and are billed to the overseas buyer, these charges should be included in the FOB value declared in the export permit application.

What value should I declare for export? The invoice shows Free Carrier (FCA) incoterm.

Topics:

Related questions

My AWB indicated, "Freight Pre-Paid, Total Amount Inclusive of Freight Charges'. My supplier's invoice shows the FOB value. Which value should I use to declare a permit?

Discount is stated in the invoice. Should the Free On Board (FOB) value be declared based on invoice value minus the discount?

Am I allowed to use pro-forma invoice to declare the value of goods for an export permit?

An invoice was issued to an overseas client. Goods were shipped to him via our local supplier. Who should be declared as the exporter in the permit?

Need more help?