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Information International rules and organization 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 may be used irrespective of the chosen mode of transport and by using more than one mode of transport.
"Carriage paid to" ( "Carriage paid to") means that the seller sends the goods to the carrier or another person nominated by the seller, at the agreed place (if such a place agreed by the parties), and that the seller is obliged to conclude a contract of carriage, and bear the cost of carriage necessary to deliver the goods at the agreed destination.
When using the term CPT, CIP, CFR or CIF the seller fulfills his obligation to deliver when it hands the goods over to the carrier, and not when the goods reached their destination.
This term has two critical points, as the risk and expense go into two different places. Parties are encouraged by the possibility of the most clearly defined in the contract of the place of delivery of goods, in which the risk passes to the buyer, as well as a named place of destination to which the seller is obliged to conclude a contract of carriage.
When using multiple carriers for the transport of goods according to the agreed direction, and if the parties have not agreed on a particular point of delivery, drawback is that risk passes when sending goods to the first carrier in the village, the choice of which depends entirely on the seller and which is outside the control of the buyer. If the intention of the parties to transfer of risk was carried out at a later stage (ie in the ocean port or airport), it is necessary to define it in their contract of sale.
Parties are also encouraged by the possibility of more accurately determine the point at the agreed place of destination, as the costs to this point is the seller. Seller recommended that contracts of carriage, which accurately reflect this choice. If the seller is in his contract of carriage bears the costs of discharge at the agreed place of destination, the seller is not entitled to claim compensation from the purchaser of such costs, unless otherwise agreed by the parties.
CPT requires the seller to perform customs formalities for export, if applicable. However, the seller is not obliged to carry out customs formalities for import, pay import duties or perform other customs formalities for import.

THE SELLER

OBLIGATIONS OF THE BUYER

A.1. General obligations of the seller

B.1. General obligations of the buyer

The seller must, in accordance with the contract of purchase and sale provide the goods and the commercial invoice, the invoice, as well as any other evidence of conformity conditions of the contract of sale, which may be required by 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 common.

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

A.2. Licenses, permits, security checks and formalities

B.2. Licenses, permits, security checks and formalities

If required, the seller must, at his own expense and risk, to obtain an export license or other official authorization and carry out all customs formalities necessary for the export of goods and their transport through any country prior to delivery of the goods.

If required, the buyer must obtain at his own expense and risk, import license or other official authorization and carry out all customs formalities for the import of goods and its transportation through any country.

A.3. carriage and insurance

B.3. carriage and insurance

a) Contract of carriage
The seller must conclude or secure the conclusion of the contract of carriage of the goods from the named delivery point, if it is specified, or from the place of delivery to the named place of destination or, if agreed, to any point in such place. The contract of carriage must be concluded on normal terms at the seller's expense and provide for transportation in the usual way and in the usual way. If a particular item is not agreed or can not be determined based on practice, the seller can choose the delivery point or item at the agreed destination, which is most suitable for its purposes.
b) Contract of insurance
The seller no duty to the buyer under a contract of insurance. However, the seller must provide the buyer, at his request, at his risk and expense (in the presence of costs) the information necessary for the buyer of insurance.

a) Contract of carriage
The buyer has no obligation to the seller to conclude a contract of carriage.
b) Contract of insurance
The buyer has no obligation to the seller to conclude a contract of insurance. However, the buyer must provide the seller, at his request, the information necessary for the conclusion of the insurance contract.

A.4. Supply

B.4. Taking delivery

The seller must deliver the goods by transferring it to the carrier with whom a contract in accordance with paragraph A3 on the date or within the agreed period.

The buyer must take delivery of the goods as soon as they have been delivered in accordance with paragraph A4, and receive them from the carrier at the named place of destination.

A.5. Transfer of risks

B.5. Transfer of risks

Seller shall bear all loss or damage to the goods until it is delivered in accordance with paragraph A4, with the exception of the risks of loss or damage in the circumstances referred to in paragraph B5.

The buyer bears all risks of loss or damage to the goods from the moment of delivery in accordance with paragraph A4.
At default by the buyer obligations to provide notification in accordance with paragraph B7, he shall bear all risks of loss or damage to the goods from the agreed date or the date on which expired the agreed delivery period, provided that the goods were explicitly individualized as a commodity, which is the subject agreement.

A.6. Division of costs

B.6. Division of costs

The seller must pay:
a) all costs relating to the goods until they have been delivered in accordance with paragraph A4, except for expenses payable by the purchaser as provided in paragraph Bb; and
b) Freight and other specified in paragraph A3 a), including the costs of loading the goods and any charges in connection with the unloading of the goods at the destination, which are assigned to the Seller under the contract of carriage; and
c) if required, the costs of customs formalities necessary for export of goods, as well as all duties, taxes and charges payable upon export, and the costs of its transportation through third countries, if they are under the terms of the contract of carriage charged to the seller.

The buyer must, subject to the provisions of paragraph A3 a), pay:
a) all related product costs since it was delivered in accordance with paragraph A4, except, if applicable, the costs of customs formalities necessary for export of goods, as well as taxes, duties and other charges payable for export as provided for in A6 paragraph c);
b) all related product costs and fees in transit until their arrival at the agreed place of destination, unless such costs and charges shall not be borne by the contract of carriage for the seller;
c) the discharge, unless such costs are not borne by the contract of carriage for the seller;
d) any additional costs incurred as a result of failure to give notice to the seller in accordance with paragraph B7, from the agreed date or the expiry of the agreed period for shipment, provided that the goods were explicitly individualized as a commodity, which is the subject of the contract;
e) if applicable, the cost of payment of taxes, duties and other official charges as well as for the implementation of customs formalities payable upon import of the goods and the cost to transport it through any country unless such costs and charges do not apply under the contract of carriage to the seller.

A.7. Notice to the buyer

B.7. Notice to the seller

The seller must give the buyer notice that the goods have been delivered in accordance with paragraph A4.
The seller must give the buyer a notice to provide the customer the possibility of adopting such measures, which are usually needed to get the goods by the buyer.

If the buyer is entitled to determine the time for shipment and / or a named destination or point of receipt of goods in this place, he must account to the seller due notice thereof.

A.8. Document delivery

B.8. Proof of delivery

If it is customary at the request of the buyer or the seller, at his own expense, must provide the buyer with the usual transport document (of), in accordance with the contract of carriage concluded pursuant A3.
The transport document shall indicate the goods under the contract and be dated within the agreed period of shipment. If it is agreed or is generally accepted, the document should also provide the buyer to claim the goods from the carrier at the named place of destination and allow the buyer to sell the goods during transit through the transfer of subsequent buyer or by notification to the carrier.
If the transport document is negotiable and issued in several originals, a buyer must be a full set of originals.

The buyer must accept the transport document issued in accordance with paragraph A8 if it complies with the conditions of the contract.

A.9. Checking, packaging, labeling

B.9. Inspection of goods

The seller must pay all costs associated with checking (checking quality, measuring, weighing, counting) which are necessary for the delivery of goods in accordance with paragraph A4, as well as the costs of inspection of goods before shipment, which is prescribed by the authorities of the exporting country.
The seller must at his own expense packaging of goods, except in cases when the particular trade is usually taken to ship specified in the contract goods unpacked. The seller can pack the goods in such a way as is necessary for its transportation, unless the buyer before the contract does not notify the seller of specific packaging requirements. Marking packaged goods must be carried out properly.

The buyer must pay the costs for the mandatory inspection of goods prior to shipment, except when such inspection is carried out by order of the authorities of the exporting country.

A.10. Assistance in obtaining information and relating to this expenditure

B.10. Assistance in obtaining information and relating to this expenditure

If need be, the seller is obliged to provide the purchaser or to assist him in obtaining, at the request of the buyer, at his risk and expense, documents and information, including important safety information, which may require the buyer to the goods import and / or transport it to the final destination.
The seller is obliged to compensate the buyer for all costs and charges incurred by the buyer in obtaining or providing assistance in obtaining documents and information as provided for in paragraph B10.

The buyer must notify the seller in a timely manner the requirements with regard to safety information, so that the seller could act in accordance with paragraph A10.
The buyer must reimburse the seller for all costs and charges for providing or rendering assistance in obtaining documents and information, as provided in paragraph A10.
If required, the buyer is obliged to provide the seller or facilitate in the seller receiving, at the request of the seller, at his risk and expense, documents and information, including important safety information, which may require the seller to transport, export of goods and for their transport through any country.