Scribd Logo
Upload

Welcome to Scribd!

  • 41 views

    Incoterms 2020 PDF

    Uploaded by

    syed tahazid
    This document outlines 13 international commercial terms (Incoterms) that define basic obligations of buyers and sellers and risks of loss under sales contracts for the international shipment of goods. It shows which parties are responsible for organizing and paying for carriage, insurance, duties and taxes, and where goods are considered delivered and risks transferred under each term. The Incoterms include EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DPU, DAP, and DDP, with DPU being a new term in 2020.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Incoterms 2020 PDF

    Uploaded by

    syed tahazid
    41 views1 page
    This document outlines 13 international commercial terms (Incoterms) that define basic obligations of buyers and sellers and risks of loss under sales contracts for the international shipment of goods. It shows which parties are responsible for organizing and paying for carriage, insurance, duties and taxes, and where goods are considered delivered and risks transferred under each term. The Incoterms include EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DPU, DAP, and DDP, with DPU being a new term in 2020.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document outlines 13 international commercial terms (Incoterms) that define basic obligations of buyers and sellers and risks of loss under sales contracts for the international shipment of goods. It shows which parties are responsible for organizing and paying for carriage, insurance, duties and taxes, and where goods are considered delivered and risks transferred under each term. The Incoterms include EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DPU, DAP, and DDP, with DPU being a new term in 2020.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    41 views1 page

    Incoterms 2020 PDF

    Uploaded by

    syed tahazid
    This document outlines 13 international commercial terms (Incoterms) that define basic obligations of buyers and sellers and risks of loss under sales contracts for the international shipment of goods. It shows which parties are responsible for organizing and paying for carriage, insurance, duties and taxes, and where goods are considered delivered and risks transferred under each term. The Incoterms include EXW, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DPU, DAP, and DDP, with DPU being a new term in 2020.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    INCOTERMS 2020

    Seller Customs Loading Carrier Cargo terminal Port Transport Port Cargo terminal Carrier Customs Unloading Buyer

    EXW Ex works

    FCA Free Carrier

    Free alongside
    FAS ship

    FOB Free on board

    CFR Cost on freight

    Cost, insurance &


    CIF freight
    In seller’s option Obligation

    CPT Carriage paid to

    Carriage &
    CIP Insurance paid to
    In seller’s option Obligation

    Delivered
    DPU unloaded
    *New term

    DAP Delivered at place

    Delivered duty
    DDP paid

    RISK COST INSURANCE SEAFREIGHT NEW TERM

    MAKING THE WORLD A LITTLE LESS COMPLICATED

    You might also like