Question: We have a partner manufacturer in the UK that wants to invoice us under EXW terms upon batch completion (we operate in the pharmaceutical sphere) – is this legitimate? We were under the impression that invoicing occurs during the goods-issue process when product is departing the origin WH. There could easily be 2 weeks […]
Question: We are a chemical importer and a distributor in the U.S. There is a customer who would like to use EXW from Japan; They pay for the freight from the origin to the final destination and clear customs. However, in this particular case, due to a certain restriction we have with EPA TSCA regulations, […]
Question: I have a question regarding the payment of cross border fees on DAP Incoterms. I would like to know which party, the Buyer or Seller, is responsible for covering these fees? According to the agreed upon terms, the Seller is responsible for delivering the goods to the designated place. However, they are not obligated […]
Question: Is there a specific definition for “customs clearance”. In addition to the process of making entry and clearing goods, paying brokerage fees, does customs clearance include the payment of any duties and taxes and fulfilling OGA regulatory requirements? We have an exporter that is pushing back on our request that they cover the cost […]
Question: We will be sending product to a bonded warehouse in Japan. We have a sales broker we are working with who will be acting on our behalf and performing all warehousing duties (unloading, etc). The sales broker will also be handling customs clearance and delivery to the end user. My company will own the […]
Question: I want to clarify which is the most appropriate Incoterm and better system set up for shipments to Mexico that are shipped via rail under rule 11 (when rail bills US shipper for US portion of the freight and Mexican receiver for freight within Mexico). Per our T&C title transfers according to risk transfer […]
Question: We are being asked to ship some products to PR via ocean. Our commercial team already signed the contract. The contract states that the buyer will select the FF to PR. The contract states the INCOTERM will be FOB-Destination (into PR) and the mode will be air. We were given an SLI to complete […]
Question: Which INCOTERM is better for LCL ocean freight that is delivered to a consolidator: FOB or FCA [Named Consolidator]? A member of my supply chain team feels strongly that if FOB is used for LCL ocean cargo, the buyer will not be responsible for the cargo until it is loaded on the vessel. I […]
Question: I conducted an internal Incoterms(R) training recently and the question came up about the difference between CPT and DAP. The question raised was centered on when risk of loss transfers from seller to buyer. The argument was that CPT would be the better choice between the two as the risk of loss transfers when […]
Question: We want to ship some equipment from the US to Colombia. I was advised by the sales team that the cost of freight, customs duties, broker fees, VAT etc. were to be paid by our US entity. To me, the appropriate INCOTERM would be DDP-Colombian factory address, however, DDP requires our US entity to be […]
Question: Hello Members, We have a customer with an FCA Incoterm, with delivery at seller facility, we had in the past some issues with the choice of the type of transportation (air instead of road), I am aware that our responsibility is limited by the preparation of export documents (Duties and taxes, customs clearance fees) […]
Question: There seems to be a preference at my company to use FOB Origin Port for all ocean shipments, whether FCL or LCL. Since LCL freight is delivered to a consolidator first, it seems more accurate to use FCA Named Consolidator. Our supplier contracts align title transfer and risk of loss to the stated INCOTERM, […]
