Trade Term CPT

CPT means "freight paid to (...) CPT trade term means that the seller delivers the goods to the carrier designated by him, but the seller must also pay the freight for transporting the goods to the destination 。 The term CPT means that the buyer bears all risks and other costs after delivery.

"Carrier" means any person who, in a contract of carriage, undertakes to perform the carriage by rail, road, air, sea, river or any combination of the above Lose. If the receiving carrier is also used to transport the goods to the agreed destination, the risk passes when the goods are handed over to the first carrier.

The CPT term requires the seller to clear the Customs for export.

The term can be applied to various modes of transport, including multimodal transport.

A seller's obligations

B buyer's obligations

A1 supply of goods in accordance with the contract

The seller must provide the goods and commercial invoice in accordance with the contract of sale or equivalent electronic information. And such other duties as may be required by the contract to prove that the goods conform to the provisions of the contract He certificate.

B1 payment

The buyer must pay the price in accordance with the sales contract.

A2 permits, other permits and procedures

The seller must, at his own expense, obtain an official export license for the goods at his own risk 。

B2 permits, other permits and procedures

The buyer must, at his own risk and expense, obtain any import licence or other official permission and, when necessary, carry out all customs formalities for the import of the goods and their transit through other countries 。

A3 transportation contract and insurance contract

A) contract of carriage

The seller must, at his own expense, enter into a contract of carriage in accordance with the usual terms and conditions to transport the goods to the agreed point at the designated destination in accordance with the usual route and customary manner. If not agreed or customary If the specific delivery point is determined, the seller can select the delivery point most suitable for its purpose at the designated destination.

B) insurance contract: no obligation.

B3 transportation contract and insurance contract

A) contract of carriage: no obligation.

B) insurance contract: no obligation.

A4 delivery

The seller must deliver the goods to the carrier who has entered into the contract in accordance with A3, or, if there is a receiving carrier, to the first carrier so that the goods can be delivered to the carrier on the agreed date or within the time limit The appointed point of destination.

B4 take delivery of goods

The buyer must take delivery of the goods when the seller has delivered the goods in accordance with A4 and receive them from the carrier at the designated destination.

A5 risk transfer

Until the goods have been delivered, the Seller shall bear all risks except those stipulated in A4.

B5 risk transfer

The buyer shall bear the risk of loss of the goods in accordance with A4.

If the buyer fails to give notice to the seller in accordance with B7, the buyer must bear all risks of loss of or damage to the goods from the agreed date of delivery or the date of expiration of the time for delivery, provided that The goods mentioned above have been formally assigned to the contract, i.e. clearly or otherwise identified as the goods under the contract.

A6 cost division

Except as provided in B6, the seller must pay all expenses related to the goods up to the time of delivery in accordance with A4, as well as freight and all other expenses incurred in accordance with A3A), It includes the loading charges and unloading charges paid by the seller in accordance with the contract of carriage; and the customs fees to be handled for the export of goods when customs formalities need to be handled and shall be paid at the time of export All customs duties, taxes and other charges, as well as the costs of transit of goods from other countries paid by the seller in accordance with the contract of carriage.

B6 cost division

Except as provided in A3A), the buyer must pay all costs from the time of delivery in accordance with A4; and all costs of the goods in transit up to their destination, unless such costs are incurred To be paid by the seller in accordance with the contract of carriage; and the unloading charges, unless otherwise payable by the seller under the contract of carriage; and, if the buyer fails to give the seller notice in accordance with B7, from the agreed date of shipment or shipment The time limit of the goods under the contract shall be determined from the date when the goods have been shipped out, that is to say, all the expenses incurred under the contract shall be clearly defined; And all duties, taxes and other charges payable on the import of the goods and the costs of customs formalities and transit through other countries when customs formalities are required, unless such fees have been Included in the contract of carriage.

A7 notice to the buyer

The seller must give the buyer sufficient notice that the goods have been delivered in accordance with A4, and any other notice required to enable the buyer to take the measures normally necessary for taking delivery of the goods.

B7 seller's notice

Once the buyer has the right to determine the time and / or destination of the goods, the buyer must give the seller full notice of this.

A8 proof of delivery, transport document or equivalent electronic message

The seller must, at his own expense (if it is customary to do so), provide the buyer with the usual transport documents (e.g. negotiable bills of lading, non-negotiable sea waybills, inland waterways) involved in the contract of carriage concluded in accordance with A3 Transport document, air waybill, railway waybill, road waybill or multimodal transport document).

Electronic communication (EDI) can be used in place of the electronic communication between the buyer and the seller.

B8 delivery document, transport document or equivalent electronic message

The buyer must accept the transport documents provided in accordance with A8, if they are in accordance with the contract.

A9 check, package and mark

The seller must pay the cost of checking (such as checking the quality of the goods, measuring, weighing and counting) necessary for delivery in accordance with A4.

The seller must, at his own expense, provide the packing required for the transportation arranged by him (unless the goods described in the contract are shipped without packing in accordance with the relevant industry practice). The package should be properly marked.

B9 cargo inspection

The buyer must pay the cost of any pre shipment inspection, except for inspection which is compulsory by the relevant authorities of the exporting country.

A10 other obligations

At the buyer's request and at the buyer's risk and expense, the seller must give the buyer all assistance in obtaining, for the buyer's account, issued or transmitted by the country of shipment and / or country of origin Any document or equivalent electronic message (except those listed in A8) that may be required by the export goods and are necessary for their transit through other countries.

At the request of the buyer, the seller must provide the buyer with the information required for insurance.

B10 other obligations

The buyer must pay all costs incurred in obtaining the documents mentioned in A10 or equivalent electronic messages, as well as the expenses incurred by the seller for assistance.