He said the ministry was aware that local producers would face a disadvantage in the international market when Indonesia reduced its export tax to a maximum of 10 per cent on the FOB ( free on board ) value.
22.
Argentine wheat exporters yesterday sold supplies at $ 132 . 00 a ton at the dock, or so-called " free on board, " traders said, compared with U . S . offers of around $ 165 . 00 a ton.
23.
All-electric vehicles are exempted 100 % if the vehicle's " Free On Board " ( FOB ) value is less than, while plug-ins with an internal combustion engine of less than 3 liters, the import duty was reduced to 5 %.
24.
The board has raised its estimate for the pooled return from its sales of wheat by A $ 3 a ton to A $ 188 ( US $ 147 ) a ton free on board for the benchmark Australian Standard White wheat.
It is often combined with other terms such as Free On Board, which require the buyer to take possession of the merchandise as soon as it is loaded onto transportation, meaning the buyer assumes the financial risk if the shipment is lost or damaged en route.
27.
Adding net exports of services and net transfers to the merchandise trade balance, with imports measured free on board ( f . o . b . ), rather than as customs, insurance, and freight ( c . i . f . ), gives the balance on current account.
28.
The department said that this improvement was brought about by a big increase in export volume ( + 85.3 million tonnes or 14.6 per cent ) and a sharp rise in crude palm oil free on board prices ( + RM742.1 million per tonne or 57.3 per cent ).
The department said that this improvement was brought about by a big increase in export volume ( + 85 . 3 million tonnes or 14 . 6 per cent ) and a sharp rise in crude palm oil free on board prices ( + RM742 . 1 million per tonne or 57 . 3 per cent ).