Friday, March 2, 2012

UNDERSTANDING INCOTERMS 2010- CPT (Carriage Paid To)

CPT (Carriage Paid To)
The seller pays the freight for the carriage of goods to the named destination. The risk of loss or damage to the goods occurring after the delivery has been made to the carrier is transferred from the seller to the buyer. This term requires the seller to clear the goods for export and can be used across all modes of transport.

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