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    EXW - Ex Works (Place) :-: 7 Incoterms Rules For Any Mode of Transport Are

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    Pardeep Sharma
    The document outlines 7 INCOTERMS rules for any mode of transport: EXW - Ex Works, where the seller packs and makes goods available for pickup at their warehouse and the buyer is responsible for transport from that point. FCA - Free Carrier, where the seller delivers to either their own premises or a carrier's location and the buyer takes responsibility from there. CPT - Carriage Paid To, where the seller pays for transportation of the goods to the agreed location but not insurance, and unloading responsibilities must be agreed upon.

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    EXW - Ex Works (Place) :-: 7 Incoterms Rules For Any Mode of Transport Are

    Uploaded by

    Pardeep Sharma
    31 views2 pages
    The document outlines 7 INCOTERMS rules for any mode of transport: EXW - Ex Works, where the seller packs and makes goods available for pickup at their warehouse and the buyer is responsible for transport from that point. FCA - Free Carrier, where the seller delivers to either their own premises or a carrier's location and the buyer takes responsibility from there. CPT - Carriage Paid To, where the seller pays for transportation of the goods to the agreed location but not insurance, and unloading responsibilities must be agreed upon.

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    7 INCOTERMS

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    The document outlines 7 INCOTERMS rules for any mode of transport: EXW - Ex Works, where the seller packs and makes goods available for pickup at their warehouse and the buyer is responsible for transport from that point. FCA - Free Carrier, where the seller delivers to either their own premises or a carrier's location and the buyer takes responsibility from there. CPT - Carriage Paid To, where the seller pays for transportation of the goods to the agreed location but not insurance, and unloading responsibilities must be agreed upon.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    31 views2 pages

    EXW - Ex Works (Place) :-: 7 Incoterms Rules For Any Mode of Transport Are

    Uploaded by

    Pardeep Sharma
    The document outlines 7 INCOTERMS rules for any mode of transport: EXW - Ex Works, where the seller packs and makes goods available for pickup at their warehouse and the buyer is responsible for transport from that point. FCA - Free Carrier, where the seller delivers to either their own premises or a carrier's location and the buyer takes responsibility from there. CPT - Carriage Paid To, where the seller pays for transportation of the goods to the agreed location but not insurance, and unloading responsibilities must be agreed upon.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    7 INCOTERMS RULES FOR ANY MODE OF TRANSPORT ARE : 

    EXW - Ex Works (place):-

    Trading is between India and Thailand

    Example: - 200 Television Ex works ABC Warehouse, Bangkok, Thailand.

    Responsibilities:-

    Seller packs and makes goods available for pickup at his place /warehouse.

    Buyer is responsible for the transportation, cost and risk from seller’s warehouse in Bangkok

    Seller to provide the buyer with documentation- commercial invoice, packing list, truck bill of
    loading, wood packaging certificate.

    Seller may do the loading but at buyer’s cost and risk

    Ex Works delivery useful when buyer wants to cut costs and when he handle shipping himself.

    FCA  - Free Carrier (place)

    Example: - 200 Television FCA ABC Forwarder’s Warehouse, Bangkok, Thailand.

    Responsibilities:-

    Case-1:- Seller delivers at seller’s premises

    Seller to load in the Carrier’s Truck

    Case-2:- Seller delivers at carrier’s location in Seller’s Country (terminal, transport hub,
    forwarder’s warehouse)

    Seller loads and transports to the location at his cost. Unloading responsibility of carrier.

    Buyer is responsible for the transportation, costs and risk from forwarder’s warehouse in
    Bangkok

    Seller to provide the buyer with documentation- commercial invoice, packing list, truck bill of
    loading, wood packaging certificate.

    Recommended by ICC. A more practical term as seller anyway has to handle export
    documentation.
     CPT - Carriage Paid to (place)

    Example: - 200 Television CPT XYZ terminal Mumbai, India.

    Seller can be used for any mode of transport(Air/sea/Road/Tranport) and upto any point of
    delivery.

    For ocean transport, CPT is used for containerized cargo. For Bulk cargoes CFR is used.

    Seller responsible for transporting the goods to the named place but not responsible for the
    insurance.

    Unloading and loading at named place shall be negotiated before hand- whether seller or buyer
    will be responsible.

    Buyer is responsible for transportation, costs and risk from ABC terminal in Mumbai to Pune

    Seller to provide the buyer with documentation- commercial invoice, packing list,wood
    packaging certificate, Airway Bill/Bill of loading

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