Incoterms

Submitted by: Submitted by

Views: 222

Words: 300

Pages: 2

Category: Other Topics

Date Submitted: 03/01/2013 12:16 AM

Report This Essay

®

Incoterms 2010 Rules

®

Chart of Responsibility

FOB Free On Board Seller Seller Seller Seller Seller Seller Buyer CFR Cost & Freight Seller Seller Seller Seller Seller Seller Seller CIF Cost Insurance & Freight Seller Seller Seller Seller Seller Seller Seller Seller CPT Carriage Paid To Seller Seller Seller Seller Seller Seller Seller

Any Transport Mode

EXW FCA Free Carrier Seller Seller* Seller Seller Buyer Buyer Buyer FAS

Sea/Inland Waterway Transport

CIP

Any Transport Mode

DAT Delivered at Terminal Seller Seller Seller Seller Seller Seller Seller DAP Delivered at Place Seller Seller Seller Seller Seller Seller Seller DDP Delivered Duty Paid Seller Seller Seller Seller Seller Seller Seller

Charges/Fees

Packaging Loading Charges Delivery to Port/ Place Export Duty & Taxes Origin Terminal Charges Loading on Carriage Carriage Charges Insurance Destination Terminal Charges Delivery to Destination Import Duty & Taxes

Ex Works Buyer or Seller Buyer Buyer Buyer Buyer Buyer Buyer

Free Alongside Ship Seller Seller Seller Seller Seller Buyer Buyer

Carriage Insurance Paid To Seller Seller Seller Seller Seller Seller Seller Seller

Buyer Buyer Buyer

Buyer Buyer Buyer

Buyer Buyer Buyer

Buyer Buyer Buyer

Buyer Buyer Buyer

Buyer Buyer Buyer

Seller Buyer Buyer

Seller Buyer Buyer

Seller Buyer Buyer

Seller Seller Buyer

Seller Seller Seller

INTERNATIONAL BUSINESS TRAINING®

1-800-641-0920 www.i-b-t.net ®

This chart is designed to provide a basic level of understanding of Incoterms® 2010 Rules and Definitions. For a fuller explanation of the trade terms refer to the ICC website or visit www.i-b-t.net/incoterms.asp.

* Seller is responsible for loading charges, if the terms state FCA at seller’s facility.

© 2011, INTERMART, INC. ALL RIGHTS RESERVED. INTERMART, INTERNATIONAL BUSINESS TRAINING AND THE IBT LOGO ARE REGISTERED TRADEMARKS OF INTERMART, INC. INCOTERMS IS A REGISTERED TRADEMARK OF THE INTERNATIONAL...