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FAS (Free Alongside Ship) is an Incoterm where the seller delivers the goods alongside the vessel at a named port of shipment. The seller is responsible for export clearance and all costs and risks up to that point. The buyer assumes responsibility for loading the goods onto the ship, ocean freight, and subsequent costs and risks.
FCA (Free Carrier) is an Incoterm where the seller delivers the goods to a carrier or another party nominated by the buyer at the seller’s premises or another specified location. The seller is responsible for export customs clearance, while the buyer assumes all costs and risks from that point
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Financial Assistance refers to monetary support provided by the government or financial institutions to businesses to support their export activities. This can include grants, loans, and subsidies to cover expenses related to production, marketing, and shipping of goods to international markets. Financial assistance helps exporters manage their finances better and
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FOB (Free On Board) is an Incoterm where the seller delivers the goods on board the vessel at the port of shipment. The seller covers costs and risks until the goods are loaded on the ship, including export customs clearance. The buyer assumes responsibility for sea freight, insurance, and all
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Foreign Direct Investment (FDI) refers to an investment made by a company or individual from one country into business interests located in another country. It’s a long term investment typically involves significant ownership and control over the foreign business operations. FDI is a key driver of economic growth, providing
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Foreign Exchange (Forex) Risk, also known as currency risk, refers to the potential financial loss that can occur due to fluctuations in exchange rates. Businesses and investors face Forex risk when they hold assets or conduct transactions in foreign currencies. Effective risk management strategies, (FX hedging), are essential to mitigate
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Forms AR4/AR4A are documents used in India for the clearance of excisable goods for export. These forms certify that the goods are being exported without the payment of excise duty, provided they meet specific conditions. The forms ensure compliance with excise regulations, facilitate duty-free export, and are crucial for
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