INCOTERMs Charges

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This is a table of International Commerce Terms (INCOTERMs) charges. INCOTERMs is a series of international sales terms that is widely used throughout the world.  They divide transaction costs and responsibilities between buyer and seller, reflect state of the art transportation practices and corresponds to the U.N. Convention on Contracts for the International Sale of Goods.

INCOTERMs deal with the questions related to the delivery of the products from the seller to the buyer. This includes the carriage of products, export and import clearance responsibilities, who pays for what, and who has risk for the condition of the products at different locations within the transport process. INOCTERMs are always used with a geographical location and do not deal with transfer of title.

 

 

INCOTERM

Charge Responsibility

Origin:

Origin Freight

Terminal Handling

Documents

International:

International Freight

Destination:

Destination Delivery

Customs Clearance

Duty

Taxes

Domestic Freight

Other

Insurance:

Insurance or Decl Value

 

Field label for additional required data per Term

CFR

CIF

CIP

CPT

DAF

DDP

DDU

DEQ

DES

EXW

FAS

FCA

FOB

Other

Charge Type and default Charge Responsibility Settings:  P= Prepaid, C= Collect, N= None, 3P= Third Party

 

P

P

P

P

P

P

P

P

P

C

P

P

P

N

P

P

P

P

P

P

P

P

P

C

P

P

P

N

P

P

P

P

P

P

P

P

P

C

P

P

P

N

 

P

P

P

P

P

P

P

P

P

C

C

C

C

N

 

C

C

C

C

C

P

P

C

C

C

C

C

C

N

C

C

C

C

C

P

P

P

C

C

C

C

C

N

C

C

C

C

C

P

C

P

C

C

C

C

C

N

C

C

C

C

C

P

C

P

C

C

C

C

C

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

N

 

N

N

N

N

N

N

N

N

N

N

N

N

N

N

 

Named Port of Destination

Named Place of Destination

Named Place of Destination

Named Place of Destination

Named Place of Destination

Named Place of Destination

Named Port of Destination

Named Port of Destination

Named Port of Destination

Named Place

Named Port of Shipment

Named Place

Named Port of Shipment

 

 

 

 

 

 

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