What Do You Mean By FOB Price Quotation?

What Do You Mean By FOB Price Quotation?

    FOB Price Quotation. Under FOB quotation, the seller quotes a price which includes all expenses incurred till the goods are actually loaded on board the ship. This means packing charges, local transport charges and dock dues are covered in the price quoted. Even the expected profit is...

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What Do You Mean By Skimming Pricing Strategy?

What Do You Mean By Skimming Pricing Strategy?

  Skimming Pricing Strategy. Skimming pricing strategy relates to the strategy of setting the price high in order to take away the cream of the market. This strategy is mostly applied when there is monopoly product or the said product has no competitive brand. Price is fixed very high...

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What Do You Mean By Transfer Pricing Strategy?

What Do You Mean By Transfer Pricing Strategy?

  Transfer Pricing Strategy. Transfer pricing refers to the pricing of various goods and services among subsidiaries of multinational corporations. These subsidiaries trade among themselves as well as with the parent company. The price charged by one subsidiary to another or to the parent company is an accepted practice....

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What Is The Meaning of Deemed Export?

What Is The Meaning of Deemed Export?

  `Deemed Export’. Deemed exports are export-like. They are not physical exports. They refer to those transactions which are completed within the country and the payment is made in Indian rupees. The exporter is required to produce documentary evidence about realization of export proceeds through banks to claim duty...

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