Terms of delivery of Incoterms 2010

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Terms of delivery - is a set of laws that govern how and in what time frame the goods will be handed over from side to side as it will pay, insure, who is responsible for safety at a particular stage of transportation and other.

significant part of world trade accounted for international trade, which creates the need for unification of the rules of transportation of goods subject to national legislation.For this purpose for nearly 80 years, issued by the International rules for interpretation of trade terms (Incoterms), which contain the basic conditions of supply.

must say that the use of Incoterms in our country is a recommendation.But if the contract has a reference to the basic conditions set by the rules, the compliance becomes mandatory.The rest should be guided by the fourth section of the Civil Code, which specified the procedure for the application of certain business practices (Article 1211).

Currently, trade is used in the wording of Incoterms 2010.These rules contain eleven guidelines which reflect and terms of delivery.Some of them are not for one mode of transport, and for the entire chain of carriers.From the previous edition (2000) regulations are different in that they were Forums DAT, DAP, which replaced the terms of delivery DAF, DDU, DEQ and DES.

term DAF under the old regulations meant that the supply of goods carried out by the seller to the buyer to the named point and place at the border (to move goods at the customs border of the hand-buyer).This product has passed the customs procedures for export and has not yet been removed from the vehicle.Thus, the subject of delivery will still be subject to customs procedures for imports.

Incoterms (revised 2010) contains seven basic procedures for all modes of transport and the four procedures for inland waterway transport and maritime transport.The first species of rules are: DPP (goods are delivered with payment of fees), DAP (delivery destination), DAT (the goods are delivered to the customs terminal), EXW (delivery ex works), FCA (Shipping Free Carrier), as wellCIP and CPT, which in the first case delivery terms indicate that the carriage and insurance paid to a certain place, and the second to a certain point only paid transportation.

Terms of delivery FOB, like FAS, CIF and CFR suggest that the cargo leaves the port and arrives in port.These rules have existed in the previous version, but the new version was introduced the term "board the ship", which has replaced the concept of "rails" as a point of delivery for all cases other than FAS.Terms of delivery of the last right to assume that the operation is performed, if the seller has fulfilled the necessary customs measures for export, bringing goods in the contractual port placed it alongside the ship on the dock, barge and others. Procedures on import, including customs duties, areIt deals with the seller.

procedure FOB requires that the seller has brought goods on board specified in the contract of the vessel, CIF - that the seller delivers the goods on board, pays the freight to the place of destination and insurance (usually with a minimum cover) and CFR - that the duties of the supplier includes only deliverygoods in a specific port to pay the freight.Procedure supply chosen in each case, aseach port determines the conditions under which it can operate with various ships and cargoes.