Information International rules and organizations Incoterms 2010 [iNKOTERMS 2010] CPT - Carriage Paid To - Carriage Paid To

CPT

INCOTERMS 2010

CARRIAGE PAID TO [... named place of destination]
CARRIAGE PAID TO [... named place of destination]

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.
Any document referred to in paragraphs A1-A10 may be replaced by an equivalent electronic record or procedure if agreed by the parties or is customary.

The buyer is obliged to pay the price of the goods, as stipulated in the contract of sale.
Any document referred to in paragraphs B1-B10 may be in the form of an equivalent electronic record or other procedure if agreed by the parties or is customary.

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
The seller must contract or cause to be contracted for the carriage of the goods from the named place of delivery, if any, or from the place of delivery to the named place of destination or, if agreed, to any point therein. The contract of carriage must be concluded under normal conditions at the expense of the seller and provide for carriage in the usual direction and in the usual manner. If a specific point is not agreed or cannot be determined from practice, the seller may choose the point of delivery or the point at the agreed place of destination which is most suitable for his purposes.
b) Insurance contract
The seller has no obligation to the buyer to conclude an insurance contract. However, the seller is obliged to provide the buyer, at his request, at his risk and at his expense (if any), with the information necessary for the buyer to obtain insurance.

a) Contract of carriage
The buyer has no obligation to the seller to conclude a contract of carriage.
b) Insurance contract
The buyer has no obligation to the seller to conclude an insurance contract. However, the buyer is obliged to provide the seller, at his request, with the information necessary for concluding an insurance contract.

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.
If the buyer fails to comply with the obligation to give notice in accordance with paragraph B7, he shall bear all risks of loss of or damage to the goods from the date agreed or from the date on which the agreed delivery period has expired, provided that the goods have been clearly identified as the goods that are the subject of contracts.

A.6. Cost allocation

B.6. Cost allocation

The seller must pay:
(a) all costs relating to the goods until they have been delivered in accordance with paragraph A4, with the exception of costs payable by the buyer, as provided in paragraph Bb; And
b) freight and other costs referred to in paragraph A3 a), including the costs of loading the goods and any charges in connection with the unloading of the goods at the place of destination, which are incumbent on the seller under the contract of carriage; And
c) if necessary, the costs of customs formalities necessary for the export of the goods, as well as duties, taxes and fees payable upon export, as well as the costs of its transportation through third countries, if they are assigned to the seller under the terms of the contract of carriage.

The buyer must, subject to the provisions of paragraph A3 a), pay:
a) all costs relating to the goods from the moment they are delivered in accordance with paragraph A4, except, if applicable, the costs of carrying out customs formalities for the export of the goods, as well as taxes, duties and other costs payable upon export, as provided in paragraph A6 c);
b) all costs and charges relating to the goods during transit until their arrival at the agreed place of destination, unless such costs and charges are borne by the seller under the contract of carriage;
(c) the costs of unloading, unless such costs are borne by the seller under the contract of carriage;
d) any additional costs incurred as a result of the seller's failure to give notice in accordance with paragraph B7, from the agreed date or from the date of expiration of the agreed period for shipment, provided that the goods have been clearly identified as the goods that are the subject of the contract;
e) if applicable, the costs of paying taxes, duties and other official charges, as well as the performance of customs formalities payable upon importation of the goods, and the costs of transporting them through any country, unless such costs and charges are charged under the contract of carriage on the seller.

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.
The seller must send notice to the buyer to enable the buyer to take such action as is normally necessary for the buyer to receive the goods.

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 transport document must identify the goods under the contract and be dated within the agreed shipping period. If agreed or generally accepted, the document must also enable the buyer to claim the goods from the carrier at the named place of destination and to enable the buyer to sell the goods during the period of transit by handing over the document to a subsequent buyer or by notifying the carrier.
If the transport document is negotiable and issued in several originals, the full set of originals must be handed over to the buyer.

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 seller is obliged at his own expense to ensure the packaging of the goods, except in cases where it is customary in the given branch of trade to ship the goods specified in the contract without packaging. The seller may pack the goods in such a way as is necessary for their carriage, unless the buyer notifies the seller of specific packaging requirements prior to the conclusion of the contract. The labeling of the packaged goods must be carried out properly.

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 seller must reimburse the buyer for all costs and fees incurred by the buyer in obtaining or assisting in obtaining documents and information as provided in paragraph B10.

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.
The buyer must reimburse the seller for all costs and fees for providing or facilitating the receipt of documents and information as provided in paragraph A10.
If required, the buyer must promptly provide the seller or assist the seller in obtaining, at the seller's request, at his own risk and expense, documents and information, including security information, that the seller may need to transport, export the goods and for their transportation through any country.

 
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