Incoterms Structure:
In groups primary obligations are slightly differ. For example, the seller is obliged to insure goods in addition, as it mentioned in the group C on bases of CIF and CIP, and to pay import duties as it mentioned in group D on DDP condition. There are differences connected with loading (or unloading) goods in groups F and D.
INCOTERMS 2010
The category E |
EXW |
any transport |
EX Works ( ... named place) Export customs formalities: Buyer’s responsibility Import customs formalities: Buyer’s responsibility |
The category F it isn't paid by the seller |
FCA |
any transport |
Free Carrier (...named place) At the moment of handing over to the seller’s warehouse. Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility |
FAS |
marine and inland water transport |
Free Alongside Ship (... named port of shipment) Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility |
|
FOB |
marine and inland water transport |
Free On Board (... named port of shipment) Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility
|
|
The category C |
CFR |
marine and inland water transport |
Cost and Freight (... named port of destination) Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility |
CIF |
marine and inland water transport |
Cost, Insurance and Freight (... named port of destination) Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility |
|
CIP |
any transport |
Carriage and Insurance Paid Тo (... named place of destination) Seller’s responsibility Import customs formalities: Buyer’s responsibility |
|
CPT |
any transport |
Carriage Paid To (... named place of destination) Seller’s responsibility Import customs formalities: Buyer’s responsibility |
|
The category D |
DAT |
any transport |
new!!! Delivered At Terminal(... named terminal of destination) Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility |
DAP |
any transport |
new!!! Delivered At Point(... named point of destination) Export customs formalities: Seller’s responsibility Import customs formalities: Buyer’s responsibility |
|
DDP |
any transport |
Delivered Duty Paid (... named place of destination) Export customs formalities: Seller’s responsibility Import customs formalities: Seller’s responsibility |
|
DDU |
any transport |
It is excluded from the Incoterms 2010 |
|
DAF |
any transport |
It is excluded from the Incoterms 2010 |
|
DEQ |
marine and inland water transport |
It is excluded from the Incoterms 2010 |
|
DES |
marine and inland water transport |
It is excluded from the Incoterms 2010 |