INCOTERMS 2010 |
This term can be used regardless of the chosen mode of transport, as well as when using more than one mode of transport.
"Carriage paid to" means that the seller delivers the goods to the carrier or another person nominated by the seller at the agreed place (if such place is agreed by the parties) and that the seller is obliged to conclude a contract of carriage and bear the costs of carriage necessary to deliver the goods to the agreed destination.
When using the terms CPT, CIP, CFR or CIF, the seller fulfills his obligation to deliver when he hands over the goods to the carrier and not when the goods have reached their destination.
This term contains two critical points, as risk and cost are transferred in two different places. The parties are encouraged to specify as clearly as possible in the contract the place of delivery of the goods at which the risk passes to the buyer, as well as the named place of destination to which the seller is obliged to conclude a contract of carriage.
When using several carriers to transport the goods in an agreed direction and if the parties have not agreed on a specific point of delivery, the disadvantage is that the risk passes when the goods are handed over to the first carrier at a point whose choice is entirely up to the seller and which is beyond the control of the buyer. If the parties intend for the risk to pass at a later stage (ie at an ocean port or airport), they need to specify this in their contract of sale.
The parties are also encouraged to identify as accurately as possible the point at the agreed destination, as the costs up to that point are borne by the seller. The seller is advised to provide contracts of carriage that accurately reflect this choice. If the seller, under his contract of carriage, bears the costs of unloading at the agreed place of destination, the seller is not entitled to claim from the buyer the reimbursement of such costs, unless otherwise agreed by the parties.
The CPT requires the seller to complete customs formalities for export, if applicable. However, the seller is not required to carry out import customs formalities, pay import duties or carry out other import customs formalities.
RESPONSIBILITIES OF THE SELLER |
BUYER'S RESPONSIBILITIES |
A.1. General obligations of the seller |
B.1. General obligations of the buyer |
The seller is obliged, in accordance with the contract of sale, to provide the buyer with the goods, the commercial invoice, as well as any other evidence of compliance of the goods with the terms of the contract of sale, which may be required by the terms of the contract. |
The buyer is obliged to pay the price of the goods, as stipulated in the contract of sale. |
A.2. Licenses, permits, security controls and other formalities |
B.2. Licenses, permits, security controls and other formalities |
If required, the seller must, at his own expense and risk, obtain an export license or other official authorization and carry out all customs formalities necessary for the export of the goods and their transportation through any country prior to delivery of the goods. |
If required, the buyer must obtain, at his own expense and risk, an import license or other official authorization and carry out all customs formalities necessary for the importation of the goods and their transportation through any country. |
A.3. Contracts of carriage and insurance |
B.3. Contracts of carriage and insurance |
a) Contract of carriage |
a) Contract of carriage |
A.4. Supply |
B.4. Delivery Acceptance |
The seller must deliver the goods by handing them over to the contracted carrier in accordance with paragraph A3 on the agreed date or within the agreed period. |
The buyer must take delivery of the goods as soon as they have been delivered in accordance with A4 and collect them from the carrier at the named place of destination. |
A.5. Transfer of risk |
B.5. Transfer of risk |
The seller bears all risks of loss or damage to the goods until they have been delivered in accordance with paragraph A4, except for the risks of loss or damage in the circumstances specified in paragraph B5. |
The buyer bears all risks of loss of or damage to the goods from the moment of delivery in accordance with paragraph A4. |
A.6. Cost allocation |
B.6. Cost allocation |
The seller must pay: |
The buyer must, subject to the provisions of paragraph A3 a), pay: |
A.7. Buyer Notices |
B.7. Seller notices |
The seller must give the buyer notice that the goods have been delivered in accordance with A4. |
If the buyer is entitled to determine the time for shipment of the goods and/or the named place of destination or the point of receipt of the goods at that place, he must give the seller due notice of this. |
A.8. Delivery Document |
B.8. Proof of delivery |
If it is customary or at the request of the buyer, the seller, at his own expense, must provide the buyer with the usual transport document(s) in accordance with the contract of carriage concluded under paragraph A3. |
The buyer must accept the transport document issued in accordance with paragraph A8 if it complies with the terms of the contract. |
A.9. Inspection, packaging, labeling |
B.9. Goods Inspection |
The seller must bear all costs associated with the verification of the goods (quality control, measurement, weighing, counting) necessary for the delivery of the goods in accordance with paragraph A4, as well as the costs of pre-shipment inspection of the goods, which is prescribed by the authorities of the country of export. |
The buyer is obliged to bear the costs of mandatory inspection of the goods before shipment, unless such inspection is carried out under the instructions of the authorities of the country of export. |
A.10. Assistance in obtaining information and related costs |
B.10. Assistance in obtaining information and related costs |
If required, the seller must promptly provide the buyer or assist the buyer in obtaining, at the buyer's request, at his risk and expense, documents and information, including security information, that the buyer may need to import the goods and / or transport them to the final destination. destination. |
The buyer must notify the seller of the security information requirements in a timely manner so that the seller can act in accordance with paragraph A10. |