What value should I declare for export? The invoice shows Free Carrier (FCA) incoterm.
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.
Related questions
Discount is stated in the invoice. Should the Free On Board (FOB) value be declared based on invoice value minus the discount?
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?
Am I allowed to use pro-forma invoice to declare the value of goods for an export permit?
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?
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