Who pays import duty on FOB?

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1005954

2026-08-02 20:40

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Import duty on a Free on Board (FOB) basis is typically paid by the buyer or importer of the goods once they arrive at the destination port. The seller's responsibility ends when the goods are loaded onto the vessel, thus transferring the obligation for duties and taxes to the buyer. Consequently, the buyer must factor in these costs when determining the total landed cost of the imported goods.

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