Scribd Logo
Upload

Welcome to Scribd!

  • Duties of Seller& Buyer According To Incoterms 2010

    Uploaded by

    binumalhotra
    11 views2 pages
    This document outlines the duties and responsibilities of buyers and sellers under 11 Incoterms 2010 rules for international trade. It specifies whether the buyer or seller is responsible for loading, carriage, unloading, export/import charges, customs clearance, and insurance for shipments based on the Incoterm used. The rules are divided into 7 terms that can be used for any mode of transport, and 4 terms specific to sea and inland waterway transport.

    Original Description:

    INCOTERMS

    Original Title

    Incoterms 2010 - Chart

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines the duties and responsibilities of buyers and sellers under 11 Incoterms 2010 rules for international trade. It specifies whether the buyer or seller is responsible for loading, carriage, unloading, export/import charges, customs clearance, and insurance for shipments based on the Incoterm used. The rules are divided into 7 terms that can be used for any mode of transport, and 4 terms specific to sea and inland waterway transport.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views2 pages

    Duties of Seller& Buyer According To Incoterms 2010

    Uploaded by

    binumalhotra
    This document outlines the duties and responsibilities of buyers and sellers under 11 Incoterms 2010 rules for international trade. It specifies whether the buyer or seller is responsible for loading, carriage, unloading, export/import charges, customs clearance, and insurance for shipments based on the Incoterm used. The rules are divided into 7 terms that can be used for any mode of transport, and 4 terms specific to sea and inland waterway transport.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Duties of Seller& Buyer according to Incoterms 2010

    Loading
    on truck
    (carrier)
    EXW
    FCA
    FAS
    FOB
    CFR
    CIF
    DAT
    DAP
    CPT
    CIP
    DDP

    Buyer
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller

    Loading
    Export- Carriage to Unloading of
    Carriage to Unloading Loading on Carriage to
    Import
    charges in
    Import
    Customs
    port of
    truck in port
    port of
    charges in truck in port place of Insurance customs
    port of
    taxes
    declaration
    export
    of export
    import port of import of import destination
    clearance
    export
    N/A
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    Buyer
    Buyer
    Buyer
    Seller
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    Buyer
    Seller
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Buyer
    Buyer
    N/A
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller
    Seller

    Rules for Any Mode(s) of Transport


    Rules for Sea and Inland Waterway Transport
    (The seven rules defined by Incoterms 2010 for any (The four rules defined by Incoterms 2010 for international
    mode(s) of transportation)

    trade where transportation is entirely conducted by water)

    EXW Ex Works(named place of delivery)

    FAS Free Alongside Ship (named port of shipment)

    FCA Free Carrier (named place of delivery)

    FOB Free on Board (named port of shipment)

    CPT - Carriage Paid To (named place of destination)

    CFR Cost and Freight (named port of destination)

    1
    2
    3
    4

    CIP Carriage and Insurance Paid to (named place CIF Cost, Insurance and Freight (named port of
    of destination)
    destination)

    DAT Delivered at Terminal (named terminal at port


    or place of destination)

    DAP Delivered at Place (named place of


    destination)

    DDP Delivered Duty Paid (named place of


    destination)

    You might also like