
Contact us at: info@feaffa.com
(i) Rules for any mode or modes of transport
EXW: Ex Works
FCA: Free Carrier
CPT: Carriage Paid to
CIP: Carriage and Insurance Paid to
DAP: Delivered at place
DPU: Delivered at Place Unloaded
DDP: Delivered Duty Paid
(ii) Rules for sea and inland waterway transport
FAS: Free Alongside Ship
FOB: Free on Board
CIF: Cost Insurance and Freight
CFR: Cost and Freight
Case Study 1
Required:
State whether the value of the mould supplied free of charge by Keja to Dom Roofing is part of the Customs Value by supporting with relevant Articles and legislation.
Case Study 2
Required:
Question One
Review the conditions for use of the transaction value method and provide insights to the following scenario.
Required:
Is the purchase considered as subject for condition to determine the Customs value in the country of importation?
Question Two
KMP Ltd imported 5,000 units of product X at the cost USD 25/Unit. It was agreed that the goods were to be picked by the importers agent from the Manufacturer premises. He then transported the goods to the port of exportation.
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