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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

  • Seller
  • Buyer
Warehouse storage at point of origin
Warehouse labor at point of origin
Export packing
Loading at point of origin
Inland Freight
Port receiving charges
Forwarders fee
Loading on ocean carrier
Ocean/Air freight charges
Charges at foreign Port/Airport
Customs, Duties & Taxes abroad
Delivery charegs to final destinations
TERMS CIP(1) DAF DES DEQ DDU CIF DDP
Services

Who Pays

  • Seller
  • Buyer
Warehouse storage at point of origin
Warehouse labor at point of origin
Export packing
Loading at point of origin
Inland Freight
Port receiving charges
Forwarders fee
Loading on ocean carrier
Ocean/Air freight charges
Charges at foreign Port/Airport
Customs, Duties & Taxes abroad
Delivery charegs to final destinations