fob value vs invoice value

by Ankit Rahangdale

Key Takeaways Understanding the difference between FOB value and invoice value is crucial in international trade and export documentation. These two terms play a significant role in taxation, pricing, and customs clearance. FOB (Free on Board) value refers to the cost of goods up to the point of shipment, excluding freight & insurance charges. Invoice […]

  • 19 Nov 25
  • 8 mins
0

by Shreyansh Singh

Key Takeaways It is common for businesses to mix up invoice types while managing transactions and tax records. One such confusion is between excise and commercial invoice, which may seem similar but serve different purposes. Do you also get confused between the two? They might both deal with recordkeeping of tax liabilities and sales of […]

  • 19 Nov 25
  • 6 mins
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sbi rupay lifetime free credit card

by Shreyansh Singh

Key Takeaways Are you looking for an SBI RuPay credit card lifetime free? While the State Bank of India (SBI) does not currently offer any RuPay credit cards that have zero joining or renewal fees, you can still enjoy similar benefits. There are various SBI RuPay credit cards that offer minimal joining fees and a […]

  • 19 Nov 25
  • 11 mins
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credit note against invoice guide

by Sandipan Mitra

Key Takeaways Did you know that from 1st April, 2025, businesses having an AATO of over ₹10 crore are required to upload e-invoices to the Invoice Registration Portal (IRP) within 30 days? However, you may be wondering what happens when a supplier has to make changes to an invoice that has already been issued. Do […]

  • 19 Nov 25
  • 7 mins
0
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Must Read

by Saurabh Agrawal

by Key Takeaways The Government of India levies both direct and indirect taxes. Direct taxes include the taxes imposed on a person’s regular income, profits or revenue. The Income Tax Act governs such collections, including income tax, Capital Gains Tax, and corporate tax. The Central Board of Direct Taxes (CBDT) handles the duty of collecting direct […]

  • 14 Nov 25
  • 14 mins
0
is gst direct or indirect tax meaning, features & facts
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