INCO Term

Incoterms are worldwide accepted commercial terms that define the respective roles of the buyer and of the seller regarding the arrangement of the transportation and other responsibilities. It also clarifies when the ownership of the merchandise takes place. These incoterms are used in conjunction with a sales contract or other methods of transacting the deal.

TERMS EXW FCA FAS FOB CFR CIF CPT
SERVICES Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays
Warehouse storage at point of origin Seller Seller Seller Seller Seller Seller Seller
Warehouse labor at point of origin Seller Seller Seller Seller Seller Seller Seller
Export packing Seller Seller Seller Seller Seller Seller Seller
Loading at point of origin Buyer Seller Seller Seller Seller Seller Seller
Inland freight Buyer Buyer(3) Seller Seller Seller Seller Seller
Port receiving charges Buyer Buyer Seller Seller Seller Seller Seller
Forwarders fee Buyer Buyer Seller(2) Seller Seller Seller Seller
Loading on ocean carrier Buyer Buyer Buyer Seller Seller Seller Seller
Ocean/ Air freight charges Buyer Buyer Buyer Buyer Seller Seller Seller
Charges at foreign Port/ Airport Buyer Buyer Buyer Buyer Buyer Buyer(3) Seller
Customs, Duties & Taxes abroad Buyer Buyer Buyer Buyer Buyer Buyer Buyer
Delivery charges to final destination Buyer Buyer Buyer Buyer Buyer Buyer Buyer
TERMS CIP(1) DAF DES DEQ DDU CIF DDP
SERVICES Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays
Warehouse storage at point of origin Seller Seller Seller Seller Seller Seller Seller
Warehouse labor at point of origin Seller Seller Seller Seller Seller Seller Seller
Export packing Seller Seller Seller Seller Seller Seller Seller
Loading at point of origin Seller Seller Seller Seller Seller Seller Seller
Inland freight Seller Seller Seller Seller Seller Seller Seller
Port receiving charges Seller Seller Seller Seller Seller Seller Seller
Forwarders fee Seller Seller Seller Seller Seller Seller Seller
Loading on ocean carrier Seller Seller Seller Seller Seller Seller Seller
Ocean/ Air freight charges Seller Seller Seller Seller Seller Seller Seller
Charges at foreign Port/ Airport Seller Seller Buyer Seller Seller Seller Seller
Customs, Duties & Taxes abroad Buyer Buyer Buyer Buyer Buyer(4) Buyer Seller
Delivery charges to final destination Buyer Buyer Buyer Buyer Buyer Seller Seller