Monday, January 25, 2021

EXW Incoterm


EXW Incoterm - Obligations

Obligations

o   Goods, commercial invoice and documentation

o   Place goods at buyer’s disposal at the named place on the agreed upon date

o   Notice to the buyer to enable delivery

o   Export packaging and marking

Buyer’s Obligations

o   Pay the price of the goods as stated in sales contract

o   Provide seller with evidence of having taken delivery

o   Loading at seller’s location (unless otherwise agreed upon)

o   Export licenses and customs formalities

o   Pre-carriage to terminal

o   Loading charges

o   Main carriage

o   Discharge and onward carriage

o   Import formalities and duties

o   Cost of pre-shipment inspection

 


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