Incoterms® 2020 A7/B7 Export/Import Clearance: Overview | Practical Law

Incoterms® 2020 A7/B7 Export/Import Clearance: Overview | Practical Law

A Practice Note providing an overview of the export and import clearance requirements set out in Articles A7 and B7 for each of the 11 individual shipping terms included in the Incoterms® 2020 Rules that are used by sellers and buyers to allocate certain responsibilities and risk in international sale of goods contracts. The individual shipping terms include EXW (Ex Works), FCA (Free Carrier), CPT (Carriage Paid To), CIP (Carriage and Insurance Paid To), DAP (Delivered at Place), DPU (Delivered at Place Unloaded), DDP (Delivered Duty Paid), FAS (Free Alongside Ship), FOB (Free on Board), CFR (Cost and Freight), and CIF (Cost, Insurance and Freight).

Incoterms® 2020 A7/B7 Export/Import Clearance: Overview

Practical Law Practice Note Overview w-033-9692 (Approx. 15 pages)

Incoterms® 2020 A7/B7 Export/Import Clearance: Overview

by Practical Law Commercial
MaintainedInternational
A Practice Note providing an overview of the export and import clearance requirements set out in Articles A7 and B7 for each of the 11 individual shipping terms included in the Incoterms® 2020 Rules that are used by sellers and buyers to allocate certain responsibilities and risk in international sale of goods contracts. The individual shipping terms include EXW (Ex Works), FCA (Free Carrier), CPT (Carriage Paid To), CIP (Carriage and Insurance Paid To), DAP (Delivered at Place), DPU (Delivered at Place Unloaded), DDP (Delivered Duty Paid), FAS (Free Alongside Ship), FOB (Free on Board), CFR (Cost and Freight), and CIF (Cost, Insurance and Freight).