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F.O.B queary

  • 13-05-2013 8:56pm
    #1
    the GALL
    Registered Users, Registered Users 2 Posts: 938 ✭✭✭


    I need to import some materials from China I have been quoted $100 F.O.B, I guessing that's the price I pay for the materials to the port in Dublin. What I need to find out is
    1.Can I collect from the port or do I need to employ a courior to deliver to me?
    2. What tax am I liable for at the port
    3. Are there any other charges I'm liable for? I.E handling and storage

    My budget is tight at the moment and I don't want to over stretch myself any help would be great
    Thanks
    Tha Gall


Comments

  • #2
    ironclaw
    Registered Users, Registered Users 2 Posts: 8,004 ✭✭✭ironclaw


    You liable for import tax, handling fee's and overheads the port applies. I have pretty limited experience with them myself so thats third hand info. Its however going to cost a lot more than $100. I'd only suggest going the sea route if your doing at least half a container load of goods and even then you'd want to have an incredible margin.


  • #3
    the GALL
    Registered Users, Registered Users 2 Posts: 938 ✭✭✭the GALL


    Cheers IronClaw
    I was under the impression F.O.B was the price I paid for good including delivery to Dublin, and I am responsible for any charges that are incured after the package has left the boat. There is another thread around here and one of the guys said you pay vat @21% upto €150 and after that customs imports charges are applied. do you have much experience importing from China and how am I notified that my package is ready for collection? Any ideas?


  • #4
    Peterdalkey
    Closed Accounts Posts: 2,091 ✭✭✭Peterdalkey


    FOB is free on board Chinese port or airport, basically it covers local freight and export documentation iin China. You then have to pay for the sea/air freight to here, customs clearance charges, local delivery charges , import duty and VAT on the total of those and the goods cost.


    Your post is unclear as to whether the material is included in the 100 $ or this is the FOB charge.


  • #5
    ironclaw
    Registered Users, Registered Users 2 Posts: 8,004 ✭✭✭ironclaw


    My only experience is third hand. But I remember seeing the figures and if its coming by sea you'd want to be getting a container size load with a good margin on the product to absorb the costs. Its the type of shipping that only works for bulk product.


  • #6
    the GALL
    Registered Users, Registered Users 2 Posts: 938 ✭✭✭the GALL


    Hi Peter
    The total price is €100 including the product. I thought F.O.B would be the price includeing the product delivered to Dublin, are you saying it's the price to the chineese port and I pick up the bill from the chineese port to dublin?


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  • #7
    Peterdalkey
    Closed Accounts Posts: 2,091 ✭✭✭Peterdalkey


    the GALL wrote: »
    Hi Peter
    The total price is €100 including the product. I thought F.O.B would be the price includeing the product delivered to Dublin, are you saying it's the price to the chineese port and I pick up the bill from the chineese port to dublin?

    FOB is free on board Chinese port or airport. Get a price from DHL or Fedex to ship it by air.


  • #8
    ironclaw
    Registered Users, Registered Users 2 Posts: 8,004 ✭✭✭ironclaw


    Peterdalkey wrote: »
    Get a price from DHL or Fedex to ship it by air.

    Good advice. If nothing else you'll get it a right bit quicker and you'll know well ahead of time the total costs involved. But you will pay for it.

    By the way, what are you shipping from China?


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