Question: I have questions in regard to Incoterms, and I want to make sure my understanding of the terms for these shipments is in fact correct. In short, my company receives orders from a distributor in India that sells our products (they don’t physically have any of our products in India, rather, […]
Question: In short, my company receives orders from a distributor in India that sells our products (they don’t physically have any of our products in India, rather, they sell and we ship directly from the U.S. to their customer(s) in India). These are very small shipments, which typically consist of 1-2 packages per order/shipment, […]
Question: I am looking for the correct Incoterm that would best fit the below scenario Seller would own the cargo to buyer’s door, and the buyer would pay freight by the appointed buyer’s transportation provider ========== Answers: More details required to provide you with a complete reply on what Incoterm would be most appropriate […]
Question: I have non-compliance question for the group and just looking for any comments or suggestions on. A scenario I have never come across. Scenario: 2. US manufacture exports good to foreign dealer. Incoterms are FCA USA port. Foreign dealer routes freight and risk to destination. Dealer in non-related. US manufacture sells the finance sale […]
Question: I am preparing a guidance document for using Incoterms 2010 for our shipments. It is unclear to me whether the “named place” for CPT and CIF Incoterms is limited to the country of export, or can you use these Incoterms for a named place in the country of import as well? ************** Answers: CPT […]
Question: As shipments between the U.S. mainland and Puerto Rico are regarded domestic, except for the trade stats purposes, I wonder what the official guidance on the applicability of Incoterms to these types of shipments is. Is the proper way to use Incoterms or the North American shipping terms instead? ************ Answers: Incoterms 2010 are applicable to domestic shipments. The subtitle of […]
Question: My company consists of many different legal entities around the world. Several of these have customers in the USA. And some of these customers are demanding DDP terms from my foreign entities. However, my foreign legal entities are not set up with US Tax ID numbers, POAs, import bonds, etc…. Am I correct […]
Question: Can someone please advise what’s the correct incoterm for the following situation? It’s an export from U.S. to Mexico. However, Mexican customer only wants us to ship to Laredo, TX, their freight forwarder. Their freight forwarder will file SED/EEI and they will move the shipment out to Mexico. FCA Laredo, TX will […]
Question: We are in the process of transitioning to a new software vendor for self-filing capabilities. In our current system the INCO term of C&F (CAF) is shown. Can someone confirm that the INCO term CFR is the new term for C&F and that is the proper use for entry purposes going forward? ========== Answers: […]
Question: We have been given a price for an item we purchase and import. The INCOterm is FCA, Shipper’s Dock. However, the ocean and inland freight is prepaid, meaning, the shipper will arrange carriage from their dock to the first port of lading in the US. To do this, the shipper has modified the piece […]
Question: Question: Where can I find a listing of countries that have restrictions on non-resident importers using the Incoterm DDP? ******** Additional Answer: Please note that DDU is not an Incoterm 2010. Suggest DAP. ========== ADDTL ANSWER: We export items for repair from the US. We were shipping via courier DDP. On some occasions the […]
Question: We are a distribution company and most of our customers order product on our website, then elect a shipping method/carrier while they are checking out from a pre-selected list of available carriers that we provide. We have the relationship with the carriers and ship the products on our account to the customer’s door. We […]
