INCOTERMS-2010

Chart of responsibility (charges/fees) between buyer and seller



Lexmercatoria Legal Frame of International Contract of Sale

Cтруктура терминов и схема перехода риска в Инкотермс-2010


The chart is developed to ease the drafting of international commercial sale and purchase agreements and to provide a basic level of understanding of Incoterms-2010.
See also the Russian version of this chart


Charges/Fees



Any Transport Sea ~ Inland Waterway Transport Any Transport EXW FCA FAS FOB CFR** CIF** CPT*** CIP*** DAT DAP DDP Ex Works Free Carrier Free Alongside Ship Free On Board Cost & Freight Cost Insurance & Freight Carriage Paid To Carriage Insurance Paid To Delivered at Terminal Delivered at Place Delivered Duty Paid Warehouse storage\labor charge at origin terminal Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Export Packaging Buyer or Seller* Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Loading at origin terminal Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Delivery to Port (place) Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Export Duty & Taxes Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Inland freight Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller Seller Forwarders services Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Origin Terminal Charges Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Seller Loading on Carriage Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Seller Carriage (ocean\air freight) Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller Seller Seller Insurance           Seller   Seller       Destination Terminal Charges Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Seller Seller Seller Delivery to Destination Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Seller Import Duty & Taxes Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller Customs formalities \ duties Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Buyer Seller
Notes 

1) This chart is designed for reference only and does not replace a contract between buyer and seller.

2) Incoterms regulate risk and charges\fees of buyer and seller, but not regulate title transference - such issues must be regulated by the terms and conditions of the sale and purchase agreement.

3) Incoterms must always be accompanied by a `named place` including city and country. The ICC updates Incoterms every ten years, most recently in 2010. Because the implications and interpretations differ between publications, the year of revised publication should also be stated. Example of correct Incoterms clouse - `DDP, Novosibirsk, Russian Federation, Incoterms-2010`.

* - depends on terms and conditions of sale and purchase agreement

** - risk of loss or damage is transferred from seller to buyer when the goods are loaded on the vessel

*** - risk of loss or damage is transferred from seller to buyer when the goods are delivered to the first carrier.