Information International rules and organizations Incoterms 2000 [iNKOTERMS 2000] Term C Freight/carriage and insurance paid to - CIP

CIP(Carriage and Insurance Paid To (... named place of destination))
Freight/carriage and insurance paid to (... named place of destination)

The term "Freight/Carriage and Insurance Paid To" means that the seller will deliver the goods to the carrier named by him. In addition, the seller must pay the costs associated with the carriage of the goods to the named destination. This means that the buyer assumes all risks and any additional costs until the goods are delivered in this way. However, the CIP also obliges the seller to provide insurance against the risks of loss and damage to the goods during transport in favor of the buyer. Consequently, the seller concludes an insurance contract and pays insurance premiums. The buyer should note that under the terms of the CIP term, the seller is required to provide insurance with a minimum coverage.
In the event that the buyer wishes to have insurance with greater coverage, he must either specifically agree on this with the seller, or take steps to conclude additional insurance himself.
The word "carrier" means any person who, on the basis of a contract of carriage, assumes the obligation to ensure or organize the transport of goods by rail, road, air, sea and inland water transport or a combination of these modes of transport.
In the case of carriage to the destination by several carriers, the transfer of risk will occur when the goods are placed in the care of the first carrier.
Under the terms of the CIP term, the seller is responsible for clearing the goods for export.
This term can be used when transporting goods by any mode of transport, including multimodal transport.

RESPONSIBILITIES OF THE SELLER

BUYER'S RESPONSIBILITIES

A.1. DELIVERY OF THE GOODS IN ACCORDANCE WITH THE CONTRACT

B.1. PAYMENT OF THE PRICE

The seller is obliged, in accordance with the sales contract, to provide the buyer with the goods, a commercial invoice or equivalent electronic message, as well as any other evidence of conformity that may be required under the terms of the sales contract.

The buyer is obliged to pay the price of the goods stipulated by the contract of sale.

A.2. LICENSES, CERTIFICATES AND FORMALITIES

B.2. LICENSES, CERTIFICATES AND FORMALITIES

The seller must, at his own expense and risk, obtain any export license or other official authorization and carry out, if required, all customs formalities for the export of the goods.

The buyer must obtain at his own expense and risk any import license or other official authorization and carry out, if necessary, all customs formalities for the importation of the goods and for their transit through third countries.

A.3. CONTRACTS OF CARRIAGE AND INSURANCE

B.3. CONTRACTS OF CARRIAGE AND INSURANCE

a) Contract of carriage.
The seller must contract at his own expense under normal conditions for the carriage of the goods to the agreed point at the named place of destination by the usual route and in the usual manner. If no such point is agreed upon or determined by the practice of such deliveries, the seller may choose the most suitable point for him at the named place of destination.
b) Insurance contract.
The seller must provide at his own expense - as agreed in the contract of sale - cargo insurance on terms that allow the buyer or other person with an insurable interest to apply directly to the insurer, as well as provide the buyer with an insurance policy or other evidence of insurance coverage. Insurance must be carried out by an insurer or a reputable insurance company and, unless specifically agreed to the contrary, insurance must be carried out in accordance with the minimum coverage in accordance with the Institute Cargo Clauses (Institute Cargo Clauses). /Institute of London Underwriters/) or any similar collection of treaty articles. The duration of insurance coverage must comply with Articles B.4. and B.5. At the request of the buyer and at his expense, the seller must take out insurance against war risks, strikes, riots and other civil unrest, if possible. The insurance must cover at least the price stipulated in the sales contract plus 10% (i.e. 110%) and must be concluded in the currency of the sales contract.

a) Contract of carriage.
No commitment.
b) Insurance contract.
No commitment.

A.4. SUPPLY

B.4. ACCEPTANCE OF DELIVERY

The seller must deliver the goods to the carrier with whom the contract of carriage has been concluded in accordance with Article A.3., and if there are several carriers, to the first of them for transport to the agreed point at the named place of destination on the date or within the agreed period.

The buyer is obliged to take delivery of the goods immediately after delivery in accordance with Article A.4. and receive the goods from the carrier at the named place of destination.

A.5. RISK TRANSFER

B.5. RISK TRANSFER

The seller is obliged, subject to the provisions of Article B.5. bear all risks of loss or damage to the goods until such time as they have been delivered in accordance with Article A.4.

The buyer must bear all risks of loss or damage to the goods from the moment of delivery in accordance with article A.4. The buyer is obliged - if he fails to fulfill his obligation to give a notice in accordance with Article B.7. - bear all risks of loss or damage to the goods from the expiration of the agreed date or the end date of the fixed delivery period. The condition, however, is the proper conformity of the goods with the contract. This means that the goods must be properly identified, i.e. definitely isolated or otherwise identified as the goods that are the subject of this contract.

A.6. COST ALLOCATION

B.6. COST ALLOCATION

The seller is obliged, subject to the provisions of article B.6.: - to bear all costs associated with the goods until the moment of its delivery in accordance with article A.4., as well as to pay the freight and all costs arising from article A.3a) including costs for loading the goods and unloading them at the place of destination, which, according to the contract of carriage, are the responsibility of the seller, and - pay the insurance costs arising from Article A.3a), and - pay, if necessary, the costs associated with the implementation of customs formalities for export , as well as other duties, taxes and other fees payable upon export of the goods, and the costs associated with its transit through third countries, in cases where they are assigned to the seller according to the contract of carriage.

The buyer must, subject to the provisions of article A.3a): - bear all costs associated with the goods from the moment they are delivered in accordance with article A.4., and - bear all costs and charges associated with the goods during their transit in place of destination, unless they are borne by the seller under the contract of carriage, and - pay the costs of unloading the goods, unless they are borne by the seller under the contract of carriage, and - bear all additional costs due to his failure to fulfill the obligation to give proper notice in accordance with article B.7. from the calculation of the agreed date or from the end of the agreed time for shipment. The condition, however, is the proper conformity of the goods with the contract. This means that the goods must be properly identified, i.e., definitely separated or otherwise identified as the goods that are the subject of this contract, and - pay, if necessary, all duties, taxes and other fees, as well as the costs of customs formalities payable upon import of the goods, and, if necessary, for its transit through third countries - if they are not included in the costs of the contract of carriage.

A.7. NOTICE TO THE BUYER

B.7. NOTICE TO SELLER

The seller must give the buyer sufficient notice that the goods have been delivered in accordance with A.4., and give the buyer any other notice required by him in order to take the usual steps necessary to obtain the goods.

If the buyer has the right to determine the date of dispatch of the goods and / or destination, he must properly notify the seller about this.

A.8. PROOF OF DELIVERY, SHIPPING DOCUMENTS OR ELECTRONIC EQUIVALENTS

B.8. PROOF OF DELIVERY, SHIPPING DOCUMENTS OR ELECTRONIC EQUIVALENTS

The seller must provide the buyer at his own expense with the usual transport document or documents (e.g. negotiable bill of lading, non-negotiable sea waybill, proof of inland waterway transport, air waybill, rail or road waybill or multimodal transport waybill) in accordance with A.3 . In the event that the seller and the buyer have agreed on the use of electronic communication means, the documents mentioned above may be replaced by equivalent electronic messages (EDI).

The buyer is obliged to accept the provisions of article A.8. transport document, if it complies with the terms of the contract of sale.

A.9. CHECK - PACKAGING - MARKING

B.9. GOODS INSPECTION

The seller must bear the costs associated with the verification of the goods (for example, checking the quality, dimensions, weight, quantity) necessary for the delivery of the goods in accordance with Article A.4. The seller must, at his own expense, provide the packaging (unless it is customary in the trade in question to ship the contracted goods unpackaged) necessary for the transport of the goods arranged by him. The packaging must be properly labelled.

The buyer must bear the costs associated with any pre-shipment inspection of the goods, unless such inspection is required by the authorities of the country of export.

A.10. OTHER LIABILITIES

B.10. OTHER LIABILITIES

The seller is obliged, at the request of the buyer, to provide the latter, at his expense and risk, with full cooperation in obtaining any documents or equivalent electronic messages (other than those mentioned in article A.8.) issued or used in the country of dispatch and / or in the country of origin of the goods, which may be required by the buyer for the importation of the goods, or, if necessary, for their transit through third countries. The seller is obliged to provide the buyer with all information necessary for the implementation of any additional insurance.

The buyer must bear all costs and fees associated with the receipt of documents or equivalent electronic messages, as provided in Article A.10., and also reimburse the seller's expenses incurred by the latter as a result of his assistance to the buyer. The buyer is obliged to provide the seller with all the information necessary for the implementation of additional insurance.

 
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