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INCO Terms

EXW FCA FAS FOB CFR CIF(2) CTP(1) CIP(1)(2) DAP DPU DDP
Ex Works Free Carrier Free Alongside Ship Free Onboard Vessel Cost & Freight Cost, Insurance & Freight Carriage Paid To Carriage And Insurance Pain To Deliverd At Places Delivered At Place Unloaded Deliverd Duty Paid
SERVICES Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays Who Pays
Origin Warehouse Packing Service Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Origin Loading Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Origin Export Customs Declaration/Duty/Tax Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Delivery to Port of Export/Inland Freight Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller
Origin Terminal/Port Charges Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller
Loading on Vessel Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller
Carriage Charges(Ocean.Air Freight) Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller
Insurance N/A N/A N/A N/A N/A Seller N/A Seller N/A N/A N/A
Destination Terminal/Port Charge Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller
Delivery to Place of Destination Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Seller
Unloading at place of Destination Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Buyer
Import Customs Clearance/Tax/Duty Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller

(1) Risk of loss or damage from Seller to Buyer when the goods have been delivered to the carrier.

 

(2) while the Seller is responsible for the insurance coverage during the main voyage, the buyer may have additional ‘insurable interest’ and prudence may dictate purchase of additional coverage.

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