Incoterms

GROUP E ( EXW )



 
Incoterms EXW (Ex works - Franco fabbrica)
Buyer's duty • Picking up of the merchandise as soon as it is available in the place, at the agreed date and time, loading it on the vehicle of transport. 
• Having care and charge of all the risks and costs from the moment in which the merchandise is available on. 
• Certifying to the Seller the picking up with adequate documentation. 
• Clearings of the import merchandise.
Seller's duty: • To put at buyer’s disposal the merchandise in its own locals or in another place at the agreed date and time without providing with loading on the vehicle of transport and without clearings or export. The agreement can foresee that the risk and costs relating to the loading of merchandise operations can be at care and charge of the Seller. 
• Providing the Buyer with the documentation as per in the sale agreement whether existing. 
• Helping the Buyer to get all the documents issued in the country of origin needed for the import/export. 
• Sustaining all the expenses up the delivery place
   

 

 

GROUP F ( FCA, FAS, FOB )

 

Incoterms FCA (Free Carrier- Franco vettore)
Buyer’s duty • To choose the forwarder notifying the name of the Seller in advance. 
• Paying all the costs and risks of the transport from the collection place and from the moment of the delivery of goods. 
• Having care of the goods clearance for the export.
Seller’s duty • To deliver all the goods paying all the expenses and having care of all the risks to the assigned Buyer’s forwarder at the place agreed or, if instructions misses, at the place chosen by Seller its own. 
• Having care of the goods clearance for the export providing at its own expenses all the licenses, authorizations, etc. 
• Certifying the delivery of goods to the Buyer’s forwarder. 
• Giving assistance to the Buyer relating to transport documents.


Incoterms FAS (Free along side ship - Franco lungo bordo)
Buyer’s duty • Choosing the forwarder 
• To make the sea transport agreement paying the related freight if needed. 
• Having care of goods clearance for the import, paying all the expenses relating to the specific customs provisions concerning such kind of merchandise import and relating to the transit through whatever else Country. Whatever damage or loss risk of goods is at charge of the Buyer.
Seller’s duty • Managing the delivery of goods alongside the vessel, at the agreed place of boarding. 
• The customs clearance on the export is at charge of the seller. 
• Providing the buyer with a document attesting the delivery to the forwarder. 
• Helping the buyer to collect all the documents needed for the import/export issued in the country of origin of the goods besides some kind of authorizations, licenses, etc


Incoterms FOB (Free on board - franco a bordo)
Buyer’s duty • Choosing the forwarder 
• To make the sea transport agreement paying the related freight. 
• Paying all the costs and risks from the moment in which the goods the goods pass through the vessel’s broadside on the departure sea port.
Seller’s duty • Delivering the goods on the vessel chosen by the buyer at the place, time and date agreed. 
• Paying for the customs clearance of goods and the costs relating to the loading onboard. 
• Attesting the delivery of the goods to the forwarder. 
• Helping the buyer to get at risk and expense of the mentioned buyer all the documents and other ones
   

 

 

GROUP C ( CFR, CIF, CPT, CIP )

 

Incoterms CFR (Cost and freight - costo e nolo)
Buyer’s duty • To receive the goods from the agreed forwarder. 
• Paying all the expenses of the unload on the ground together with the expenses relating to the transport of goods up to the destination place.
Seller’s duty • Having care of the transport of goods up to the destination port paying the related freight. 
• Delivering the goods onboard at its own expenses. 
• Paying the clearance, assuming the risks up to the delivery or up to the moment in which the merchandise passes through the broadside of the vessel in the boarding port.


Incoterms CIF (Cost, insurance and freght - costo, assicurazione e nolo)
Buyer’s duty • Receiving the goods from the forwarder at the agreed destination port after having obtained the commercial and insurance documents of transport as per Seller’s provision. 
• Paying the unload on ground expenses and the costs of the transport of the goods up to the destination port.
Seller’s duty • Having care of the transport of goods up to the port of destination, paying the related freight. 
• Delivering at its own expenses the goods on board after export clearance procedure, assuming all the risk of the merchandise until it passes the vessel’s broadside in the place of departure. 
• Providing the buyer with a sea insurance concerning the risks of loss or damage that may happen during the transport.


Incoterms CPT (Carriage paid to - trasporto pagato fino a)
Buyer’s duty • Receiving the goods from the forwarder at the agreed destination port after having obtained the commercial and insurance documents of transport as per Seller’s provision. 
• Assuming all the risks and the expenses relating to the goods after the forwarder’s delivery.
Seller’s duty • Transporting the goods up to the agreed place of destination paying all the costs 
• Delivering the goods after the clearance procedure for export by the forwarder assuming all the risks until the forwarder delivers the merchandise. 
• Providing with documents and licenses needed for the export. 
• Making the insurance for the goods against the risks up to the agreed place of destination.
   


Incoterms CIP ( Carriage and insurance paid to – trasporto e assicurazione pagati fino a)
Buyer’s duty • Receiving the goods from at the agreed place of destination, after having received all the commercial and insurance documents of transport as per Seller’s provision. 
• Assuming all the risks and paying all the expenses relating to the goods (transport and insurance excluded) from the forwarder delivery, or to the first forwarder, up to the agreed place of destination. 
• Paying also the costs of unload, whatever it is the way to transport, if not included in the freight. 
• As per Seller’s request, to provide it with all the details for useful for insurance backing.
Seller’s duty • To negotiate with the chosen forwarder all the conditions relating to the transport up to the destination place 
• To deliver the goods with clearance for the export to the forwarder , assuming all the risk concerning the transport up to the moment of delivery. 
• Making an insurance for the goods against the risk of using up to the agreed place of destination. 
• Paying all the costs and assuming all the risks relating to the release of licenses and authorizations for the export, providing the buyer with the adequate commercial, transport and insurance documentation. 
• Paying all the expenses relating to the unload on the ground in the case of, relating to the freight conditions, they are included in the transport agreement.
   

 

 

GROUP D ( DAF, DES, DEQ, DDP, DDU )

 
Incoterms DAF (Delivered at frontier - reso frontiera)
Buyer’s duty • Collecting the goods as soon as they are available at the agreed border place paying all the expenses relating to the further movements of such goods. 
• Paying the clearance of the goods in order to import them in the Country of destination.
Seller’s duty • Delivering the goods with clearance for the export at the agreed border place on the agreed date of the contract. 
• Assuming all the risks and paying all the expenses relating to the release of documents and authorizations if needed for the export. 
• Providing the buyer with all the documentation needed for pick up the good at the border within the deadline as per previous agreement.


Incoterms DES (Delivered ex ship - franco nave)
Buyer’s duty • Collecting the goods as soon as they are available from the vessel at the agreed port of destination. 
• Paying all the clearance of the goods for the import, obtaining all the licenses and authorization needed at its own risk an expense if needed.
Seller’s duty • Deliver the goods or make them at buyer’s disposal already with export clearance onboard the vessel at the port, date or period previously agreed. 
• Assuming all the risks and costs. 
• Providing the buyer’s with all the useful documentation in order to allow the picking up of goods from the vessel.


Incoterms DEQ (Delivered ex quay - reso banchina sdoganato)
Buyer’s duty • Paying the clearance for the import along with all the rights, taxes, expenses etc. that can affect the imported goods.
Seller’s duty • Delivering the goods without clearance for the import to the buyer at the dock of the agreed port of destination. 
• Assuming all the risks and the expenses relating to the transport of goods up to the port of destination, including the unloading at the dock.
   


Incoterms DDU (Delivered duty unpaid - reso non sdoganato)
Buyer’s duty • Collecting the goods immediately at the receipt of goods ready to be picked up notice at the agreed place of destination. All the costs and expenses relating to the clearance for import of the goods are at its own charge. In the case of there is provision in the contract, the above expenses can be at charge of the seller.
Seller’s duty • To put at disposal of the buyer the goods without clearance for import, without unloading from the vehicle used for the transport at the place of destination agreed. 
• Assuming all the costs and all the risk up to such moment. 
• Providing the buyer with all the useful documentation for the picking up of the goods.
   


Incoterms DDP (Delivered duty paid - reso sdoganato)
Buyer’s duty • Collecting the goods immediately at the receipt of goods ready to be picked up notice at the agreed place of destination
Seller’s duty • Delivering the goods with clearance for import at the agreed Country place of destination and date without unloading them from the vehicle used for the transport. 
• Assuming all the risks and the costs up to such moment. 
• Providing the buyer with all the useful documents for the picking up of the goods within the agreed deadline. 
• Paying the clearance for import of the goods in the country of destination. 
• Paying right, taxes etc. for the import 
• Assuming the charge to obtain the needed licenses and authorizations at its own risk and expense