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Unless the buyer is fortunate to purchase an item where the seller has listed it as FREE shipping, the buyer pays the specific shipping costs for that item. A lot of the time the seller will give the buyer a choice of 2 or more shipping methods and/or carriers.
I hope that helps!
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∙ 14y ago
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Who pays export tax the seller or buyer?
The seller. The seller is shipping it to the buyer, not vice versa.
What is the difference between FOB destination and FOB shipping point?
FOB (Freight On Board) Destination and FOB Shipping specifies whether the buyer or seller owns the goods, and therefore, who pays for the shipping and includes the items in their inventory. FOB Destination means that the seller owns the goods until the buyer receives them. Therefore, the seller pays the shipping costs. FOB Shipping means that the buyer owns the goods once they are shipped. Therefore, the buyer pays the shipping costs.
What is the definition of FOB shipping point and FOB destination point?
FOB Destination means that the seller owns the goods until the buyer receives them. Therefore, the seller pays the shipping costs. FOB Shipping means that the buyer owns the goods once they are shipped. Therefore, the buyer pays the shipping costs.
Does the buyer or the seller pay?
The buyer pays.
If buyer pays the freight cost of delivering merchandise what is the delivery term?
Free On Board Destination (FOB Destination). This means that the seller pays the the freight costs from the shipping point to the buyer's final destination.
Prepay and add mean?
Prepay and add refers to the shipping charges on an invoice. The Seller pays freight charges and adds to invoice. Title and control of the goods passes to the buyer when the carrier signs for the goods at the shipping point (origin) So, the Seller pays freight and bills them to the Buyer who bears the freight charges, the Buyer owns the goods in transit, and the Buyer files any necessary claims.
Are you charged 60 for every bid you place on the same item?
You are not charged for bidding. If you win an auction (are the highest bidder) you pay what you bid. The seller is charged not the buyer. You pay for the auction price and shipping unless shipping is free then the seller pays for the shipping too.
What does CIP mean in shipping terms?
In shipping terms, the acronym CIP stands for "carriage and insurance paid to". This means the seller pays the carrier (such as FedEx) the shipping rate to get the product to the buyer. The seller also pays the insurance premium that covers damages to or loss of the shipment.
What does CIF mean in shipping terms?
CIF means Cost Insurance and Freight, which means the seller pays to get the load to its destination. The alternate is FOB--Free On Board--which means the buyer pays the freight and insurance.
What does the term FOB mean export?
FOB is an abbreviation for Free On Board. The term FOB (often seen as f.o.b.) is commonly used when shipping goods, to indicate who pays loading and transportation costs, and/or the point at which the responsibility of the goods transfers from shipper to buyer. FOB shipping is the term used when the ownership/liability of goods passes from the seller to the buyer at the time the goods cross the shipping point to be delivered. FOB destination designates that the seller is responsible for the goods until the buyer takes possession. This is important in determining who is responsible for lost or damaged goods when in transit from the seller to the buyer. The buyer is responsible when shipped FOB shipping and the seller is responsible if shipped FOB destination. CAP, or customer arranged pickup, is used to denote that the buyer will arrange a carrier of their choice to pick the goods up and the liability for any damage or loss belongs to the buyer.
What does sob mean in shipping terms?
Shipping on board-buyer owns merchandise at shipment and pays for shipment.
What happens when the time runs out on an eBay item?
If it doesn't sell, the seller can choose to relist it. If it sells, the buyer pays the seller, and then the seller ships the item.
