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  • INCOTERM

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    intarca
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    This document outlines the allocation of costs between buyers and sellers according to Incoterms 2010. It shows which party is responsible for various expenses such as export and import customs declarations, carriage, loading and unloading of goods, insurance, and import duties and taxes for common international trade terms like EXW, FCA, FOB, CIF, DAT, DAP, and DDP. For example, under EXW the buyer bears all costs and risks, while under CIF the seller is responsible for costs of carriage, insurance, and unloading but the buyer handles import duties and taxes.

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    Allocations of costs to buyer/seller according to Incoterms

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    This document outlines the allocation of costs between buyers and sellers according to Incoterms 2010. It shows which party is responsible for various expenses such as export and import customs declarations, carriage, loading and unloading of goods, insurance, and import duties and taxes for common international trade terms like EXW, FCA, FOB, CIF, DAT, DAP, and DDP. For example, under EXW the buyer bears all costs and risks, while under CIF the seller is responsible for costs of carriage, insurance, and unloading but the buyer handles import duties and taxes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    22 views1 page

    INCOTERM

    Uploaded by

    intarca
    This document outlines the allocation of costs between buyers and sellers according to Incoterms 2010. It shows which party is responsible for various expenses such as export and import customs declarations, carriage, loading and unloading of goods, insurance, and import duties and taxes for common international trade terms like EXW, FCA, FOB, CIF, DAT, DAP, and DDP. For example, under EXW the buyer bears all costs and risks, while under CIF the seller is responsible for costs of carriage, insurance, and unloading but the buyer handles import duties and taxes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Allocations of costs to buyer/seller according to Incoterms 2010

    Export customs declaration

    Loading on truck in port of


    Loading on vessel/airplane
    Unloading of truck in port
    Carriage to port of export

    Import customs clearance


    Carriage (sea/air) to port

    Import duties and taxes


    Unloading in port of

    Carriage to place of
    in port of export
    Incoterm 2010

    destination
    Insurance
    of import
    of export

    import

    import
    EXW Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
    FCA Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
    FAS Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer
    FOB Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer Buyer Buyer
    Buyer/ Buyer/
    CPT Seller Seller Seller Seller Seller Buyer Seller Buyer Buyer
    Seller Seller
    Buyer/
    CFR Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer Buyer
    Seller
    Buyer/
    CIF Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer
    Seller
    Buyer/ Buyer/
    CIP Seller Seller Seller Seller Seller Seller Seller Buyer Buyer
    Seller Seller
    Seller/
    DAT Seller Seller Seller Seller Seller Seller Buyer Buyer Buyer Buyer
    Buyer
    Seller/
    DAP Seller Seller Seller Seller Seller Seller Seller Seller Buyer Buyer
    Buyer
    Seller/
    DDP Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
    Buyer

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