have done. Our company has planned to import Chinese 2 wheeler to trade ( resell ) in India, seller has agreed on FOB. I would like to know , how much import duty would be charged on the imported vehicle. Also, do I need to pay import duty if the vehicle imports to India on CIF...
It can be an expensive option for the buyer of the goods. It is because the seller might charge the buyer of the goods more to earn more profits from the transaction. The buyer may negotiate for better price and rates in case of free on board, but it is not possible in this case. ...
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Hong Kong advocates and pursues free trade. It has a free and openinvestment system, no trade barriers, equal treatment for foreign investors,free flow of funds, a long history of rule of law, high transparency of rulesand regulations, and low and clear tax rates. ...
seller only delivers the goods to the destination port, while DAP generally provides door-to-door service, where the seller transports the goods to the buyer’s specified location, such as a warehouse. However, neither requires the seller to be responsible for import customs clearance or pay ...