COSTA PACKING AND CRATING SERVICES IN PAKISTAN

INCOTERMS® GUIDE The current Incoterms® created by the International Chamber of Commerce (ICC), are a set of rules developed for practice in contracts for the sale of goods. The rules are organized in a set of three-letter trade terms. The terms describe the tasks, costs, and risks associated in the delivery of goods from the sellers to the buyers ICC has developed two new rules, DAT and DAP, to replace the rules DAF, DES, DEQ and DDU. There are a total of eleven rules. Rules for Any Mode(s) of Transportation: EX WORKS (EXW) - Seller places goods at the disposal of the buyer at the sellers premises or another named location. Seller will not contract for loading of goods, collecting vehicles or clearing goods through customs. FREE CARRIER (FCA) - Seller delivers the goods to the carrier or named person at the sellers premises or another named location. Seller is required to clear goods through export only. CARRIAGE PAID TO (CPT) - Seller delivers the goods to the carrier or named person at an agreed location. The seller contracts to pay the costs of carriage to the destination. Buyer assumes all risks at first transfer of goods. The seller is required to clear goods through export only.