B-6-9- Incoterms © 2000 cpt



CPT, Carriage Paid To, is one of the 13 Incoterms © 2000



Incoterms 2000 ©
 CFR   CIF   CIP   CPT   DAF   DDP   DDU   DEQ   DES   EXW   FAS   FCA   FOB  


The Incoterms © CPT 2000 is an Incoterm © with the main carriage paid by the exporter.

The Incoterms © CIP 2000 is an Incoterm © with "main carriage unpaid."

The Incoterms © CPT 2000 is used for all modes of transport

6-9-1- Summary

The exporter chooses the carrier and pays the freight up until arrival at the named place. Upon delivery to the first carrier, the importer is responsible for damage and loss, as well as potential cost increases. The transfer of risks and costs does not occur at the same place. The exporter must clear the goods for export. We advise use of this Incoterms © if goods are transported by air or using containers, as with the CIP Incoterms ©.

6-9-2- From the viewpoint of importer

The importer is responsible for unloading and associated costs, as well as the import customs clearance. The risk transfer, the point from which the exporter takes on the costs, occurs at initial transport, as shown on the diagram. Like Incoterms © DDP and DAF, the importer is responsible for unloading, and must clarify this fact for the exporter.
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6-9-3- Advantages for the importer

The importer is only responsible for the transport logistics from its native country and the import customs clearance. He just has to negociate good prices.

6-9-4- From the viewpoint of the exporter.

The exporter is responsible for transport logistics in its country, packaging, transport and insurance.

6-9-5- Advantages for the exporter

This Incoterms © is of interest to the exporter if he controls the transport logistics within its own country. With control of the operation, the importer is fittingly left responsible for unloading and associated costs. The exporter pays the export clearance -- of interest, especially for those in possession of the proper skill set, or a competent freight forwarder.

6-9-6- The point of ownership transfer: when goods are loaded for initial transport


Note the delivery -- parties pay prospective insurance costs from the point of ownership transfer. The transfer of risk and costs do not occur at the same place. .



6-9-7- Incoterms © CPT 2010: Distribution of costs and risks


 Description

 Costs

Risks

 Packaging  Exporter  Exporter
 Choice of carrier  Importer  Exporter
 Pre-transport  Exporter  Exporter
 Loading  Exporter  Exporter
 Costs of loading  Exporter  Exporter
 Unloading  Importer  Importer
 Costs of unloading  Importer  Importer
 Transport payment  Exporter  Importer : Main carriage
 Insurance payment  Exporter et  Importer pay their insurance  
 Import customs fees  Importer  Importer
 Export customs fees  Exporter  Exporter
 Post-transport  Importer  Importer