The Incoterms, atpa (acronym for International Commercial Terms) are terms of three letters each reflecting the standards voluntarily accepted by both parties, atpa buyer and seller-, on the conditions of delivery of the goods. They are used to clarify the costs of international business transactions, defining responsibilities between buyer and seller and reflect current atpa practice in the international freight.
The ICC (International Chamber of Commerce), based in Washington DC, has been in charge atpa since 1936 (with revisions atpa in 1945, 1953, 1967, 1976, 1980, 1990, 2000 and 2010) of the development and updating of these terms, of According to the changes you are experiencing international trade. Are currently in force Incoterms 2010 (from January 1, 2011). In the last amendment, Incoterms were modified to update international trade practices. The main reason for revision was to adapt to the increasing use of electronic data and changes in transportation techniques.
The seller contracts for transport, but without assuming the risk of loss or damage to the goods or additional costs due to events occurring after shipment and dispatch, that is, an indirect delivery to major transportation payment. Group D: DAT, DAP and DDP
The seller bears all costs and risks needed to bring the goods to the destination country, ie direct delivery arrival. The costs and risks are transmitted at the same point, atpa as the terms and the terms E F. The terms in D are not intended atpa when the payment atpa transaction is made through a letter of credit, mainly because financial institutions do not.
Group E - Direct delivery to the output EXW Ex Works (named place) 'Factory (place)'. The seller makes the goods available to the buyer at their facilities: factory, warehouse, etc.. All related costs are thereafter by the purchaser. The Incoterm EXW can be used with any kind of transportation, or a combination atpa of them (known as multimodal transport). That is, the supplier is responsible for the logistics and the travel required for the buyer to take delivery of the product in the same place where she is productive task.
Group F - Delivery atpa indirect unpaid principal transport. FAS Free Alongside Ship (named loading port) 'free alongside ship (named port of shipment)'. -The seller delivers the goods at the agreed dock port of shipment, ie next to the boat. The Incoterm FAS is typical of bulk goods or bulk items that are stored in specialized port terminals, which are located on the pier. The seller is responsible for the efforts and costs of the office of export (in previous versions of Incoterms 2000, the buyer organized the export customs clearance). The FAS Incoterm only used for boat transportation, either sea or river. FOB Free On Board (named loading port) 'free on board (named port of shipment) "The seller delivers the goods on the vessel. The seller contracts for transport through a freight forwarder or an agent, but the transport cost is assumed by the buyer. The Incoterm FOB is one of the most used in international trade. It should be used for general cargo (drums, coils, containers, etc..) Of goods, not usable for bulk. The Incoterm FOB is used exclusively to transport by boat, either sea or river. FCA Free Carrier (named place) 'Free Carrier (named place)'. The seller undertakes to deliver the goods at a point agreed within the country of origin, which may be the premises of a freight forwarder, a railway station ... (this place agreed to deliver the goods usually associated with the spaces of the carrier). It takes care of the costs until the goods are located at that point agreed, among others, the customs in the country of origin. The Incoterm atpa FCA can be used with any type of transportation: air, rail, road, and containerized / multimodal transport. However, it is a little used incoterm.
Group C - Delivery indirectly, pay transportation center. CFR Cost and Freight (named destination port) 'Cost and Freight (named port of destination) ". The seller is responsible for all costs, including freight to bring the goods to the port of destination. However, the risk is transferred to the buyer when the goods are loaded on the ship, in the country of origin. It should be used for general cargo, nor is it appropriate for the bulk. The CFR incoterm only used for boat transport, whether maritime
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