Understanding Incoterms 2010 | Custom Clearance Blog
None other Incoterms is an abbreviation of International Commercial Terminologies (terms). As the name implies, Incoterms are standard terminology regarding the delivery of goods are most commonly used by international traffickers in their contracts. Incoterms itself was born out of the habit of the practice of international trade practitioners for centuries. From this habit then the International us customs and border protection Chamber of Commerce (ICC) quintessence interesting, standardize, and eventually publish it became Incoterms.
In today's era of global trade flows of goods in and out very quickly. To facilitate the business affairs of the employers are required to have enough knowledge to know the procedures of export and import based international rules such as Incoterms 2010, which entered into force in January 2011 and is based on local rules such as Customs Administration. Procedure exports - imports are procedures that must be adopted to meet government regulations and standards in force in the execution of a transaction export - import. Good understanding of the procedures to export or import is very important and will increasingly facilitate the process of implementation of import - export both in terms of the process with Customs and Excise and Banking (in terms of payment, manufacture and inspection us customs and border protection of documents).
With the above considerations executives in the field of export - import of course required to understand the whole procedure and the provisions in the field of Export-Import this. It is necessary for the process kelancran export - import, further so that the company does not lose. Losses can occur in various forms, for example, exporters can not dilute the L / C. Due to some of these revisions us customs and border protection as well as considering the possibility of the use of Incoterms previous version, then the mention of Incoterms in a contract must be accompanied by a revised version, such as "Incoterms 2010". ICC Incoterms are registered trademarks belonging. This organization is very hard to protect his trademark since the main purpose of Incoterms in line with itself, which is to avoid, reduce or even negate the occurrence of ambiguities or differences in interpretation when the terminology used in the contract. At the time of taking Incoterms in international trade in a contract, the parties should us customs and border protection refer to the original text of Incoterms has been provided by the ICC for the realization of these goals. Categorization in Incoterms 2010 Incoterms 2010 consists of 13 terms which can be grouped into four categories, us customs and border protection namely:
3. "C"-terms CFR, CPT, CIP and CIF fall into this category. In this category the seller is the party that should be involved in the contract of carriage with the carrier. However, any risk or loss due to damage or loss of the goods or all of the additional costs that arise as a result of events arising after the goods are shipped or delivered to a carrier switch from the seller to the buyer.
4. The "D"-terms DAF, DEQ, DDU, DDP, and DES is a terminology that fall into this category. In essence, this group requires the seller to bear all costs and risks to bring the goods sold to the buyer to the destination. Terminology The following is a quick overview of the rights and obligations of the parties set forth in the respective terminology. For use in an international trade contract, the parties must make the original text that has been published Incoterms 2000 ICC officially as the only reference that the purpose of the creation of mono interpretation us customs and border protection can be achieved.
1. EXW (name of place) "Ex works" means the seller just provide the goods to be taken by the buyer at the seller's own or other places such as warehouses, workshops, galleries, us customs and border protection showrooms, and others. Seller is not responsible for the displacement (loading) to transport any goods which take the goods out of place, as well as all the export procedures. In short, all the cost and risk of damage and loss of goods move from seller to buyer at that time. However, if desired so that the seller perform the loading of goods to a means of transportation, then this should be explicitly stated in the contract. If the buyer can not perform the maintenance procedures us customs and border protection of export either directly or indirectly, then you should not use this terminology. If that is the case, then the terminology that should be used is the FCA imposes export by the hands of the seller. EXW imposes the least liability to the seller. In contrast, burdened with the obligation us customs and border protection of the buyer the most. This terminology applies to all types of transportation.
2. FCA (name of place) "Free Carrier" means that the
None other Incoterms is an abbreviation of International Commercial Terminologies (terms). As the name implies, Incoterms are standard terminology regarding the delivery of goods are most commonly used by international traffickers in their contracts. Incoterms itself was born out of the habit of the practice of international trade practitioners for centuries. From this habit then the International us customs and border protection Chamber of Commerce (ICC) quintessence interesting, standardize, and eventually publish it became Incoterms.
In today's era of global trade flows of goods in and out very quickly. To facilitate the business affairs of the employers are required to have enough knowledge to know the procedures of export and import based international rules such as Incoterms 2010, which entered into force in January 2011 and is based on local rules such as Customs Administration. Procedure exports - imports are procedures that must be adopted to meet government regulations and standards in force in the execution of a transaction export - import. Good understanding of the procedures to export or import is very important and will increasingly facilitate the process of implementation of import - export both in terms of the process with Customs and Excise and Banking (in terms of payment, manufacture and inspection us customs and border protection of documents).
With the above considerations executives in the field of export - import of course required to understand the whole procedure and the provisions in the field of Export-Import this. It is necessary for the process kelancran export - import, further so that the company does not lose. Losses can occur in various forms, for example, exporters can not dilute the L / C. Due to some of these revisions us customs and border protection as well as considering the possibility of the use of Incoterms previous version, then the mention of Incoterms in a contract must be accompanied by a revised version, such as "Incoterms 2010". ICC Incoterms are registered trademarks belonging. This organization is very hard to protect his trademark since the main purpose of Incoterms in line with itself, which is to avoid, reduce or even negate the occurrence of ambiguities or differences in interpretation when the terminology used in the contract. At the time of taking Incoterms in international trade in a contract, the parties should us customs and border protection refer to the original text of Incoterms has been provided by the ICC for the realization of these goals. Categorization in Incoterms 2010 Incoterms 2010 consists of 13 terms which can be grouped into four categories, us customs and border protection namely:
3. "C"-terms CFR, CPT, CIP and CIF fall into this category. In this category the seller is the party that should be involved in the contract of carriage with the carrier. However, any risk or loss due to damage or loss of the goods or all of the additional costs that arise as a result of events arising after the goods are shipped or delivered to a carrier switch from the seller to the buyer.
4. The "D"-terms DAF, DEQ, DDU, DDP, and DES is a terminology that fall into this category. In essence, this group requires the seller to bear all costs and risks to bring the goods sold to the buyer to the destination. Terminology The following is a quick overview of the rights and obligations of the parties set forth in the respective terminology. For use in an international trade contract, the parties must make the original text that has been published Incoterms 2000 ICC officially as the only reference that the purpose of the creation of mono interpretation us customs and border protection can be achieved.
1. EXW (name of place) "Ex works" means the seller just provide the goods to be taken by the buyer at the seller's own or other places such as warehouses, workshops, galleries, us customs and border protection showrooms, and others. Seller is not responsible for the displacement (loading) to transport any goods which take the goods out of place, as well as all the export procedures. In short, all the cost and risk of damage and loss of goods move from seller to buyer at that time. However, if desired so that the seller perform the loading of goods to a means of transportation, then this should be explicitly stated in the contract. If the buyer can not perform the maintenance procedures us customs and border protection of export either directly or indirectly, then you should not use this terminology. If that is the case, then the terminology that should be used is the FCA imposes export by the hands of the seller. EXW imposes the least liability to the seller. In contrast, burdened with the obligation us customs and border protection of the buyer the most. This terminology applies to all types of transportation.
2. FCA (name of place) "Free Carrier" means that the
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