EXW EXWORKS Free in plant |
Free in plant. It means the seller acomplished his obligation of delivery of the merchandise in their plant. At the disposal of the buyer. |
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Incoterms
International Commercial Terms – Are a series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the transportation and delivery of goods.
A confusion with this terms, can cause the loss of a sale or produce a financial lose in it. For so, is important to determine with terms will use before the end of the contract.
FCA FREE CARRIER |
The seller has accomplished his obligation of delivery when it has put the merchandise completed from custom for the export in charge of the transporter named by the buyer in the approved place.* | |
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* In Air traffic and in agreement to the valoration code in Mexico this point is equivalent to FOB |
CPT CARRIAGE PAID TO |
The seller releases the goods for its export, delivery to the transport and pays the freight to the final destination. | |
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CIP CARRIAGE AND INSURANCE PAID TO |
The seller releases the goods for its export, delivery to the transport and pays the freight to the final destination. | |
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DAT DELIVERED AT TERMINAL |
The seller deliver in a terminal of charge of the country of final destination. | |
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DAP DELIVERED AT POINT |
The seller delivers the goods, without coming out, in the place of destination reminded in the country of the buyer. | |
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DDP DELIVERED DUTY PAID |
The seller delivers the goods in the place of designated destination, besides the payment of the liberation of import, duties and other costs that must be covered to matter. | |
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FAS FREE ALONGSIDE SHIP |
The seller delivers the goods to side of nose of the port of sending, besides the customs step of export. | |
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FOB FREE ON BOARD |
The seller delivers the goods free for the export on board of the ship and does not cover with risks and costs after this. | |
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CFR COST AND FREIGHT |
The seller pay and contract the transport to the port of destination, once sent it does not cover the additional cost. ** Only for ocean shipping. |
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BUYERS OBLIGATIONS |
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CIF COST INSURANCE AND FREIGHT |
The seller pay and contract the transport and the insurance to the port of destination, once sent it does not cover the additional cost. ** Only for ocean shipping. |
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SELLER OBLIGATIONS |
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BUYERS OBLIGATIONS |
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