Dismantling instructions | IncotermsWhat to know about the current Incoterms
Explanation of the clauses DAP, DDP and EXWDAPDAP (delivered at place) considers delivery to have taken place when the goods are placed at the disposal of the buyer on the arriving means of transport ready for unloading at the named place of destination. The seller bears all risks connected with the transport to this place. It is therefore a rather general clause, in which the place of destination must be specified as precisely as possible. DDPDDP represents the maximum obligation for the seller. The seller bears all costs and risks up to the destination of the goods and is obliged to clear the goods for export and import, pay all duties for export and import and complete all customs formalities EXWThe EXW clause represents the minimum obligation for the seller. Unlike the use of FCA, the seller has no obligation to the buyer in EXW to load the goods or clear them for export. If he does load the goods, the buyer bears the risk and costs under EXW. (Source: L. Wackler Wwe. Nachf. GmbH) Since 01.01.2020 the current version Incoterms 2020 is availableThe main changes are: Different levels of cover in CIF and CIPAccording to Incoterms® 2020 the seller is obliged to take out transport insurance at his own expense in accordance with the clauses CIF and CIP. However, unlike the Incoterms® 2010, the two clauses now require different minimum covers. The minimum cover that has to be noted when agreeing on the CIF clause remains unchanged. The transport insurance that has to be taken out by the seller up to the named port of destination must continue to be at least equivalent to the cover under Clause (C) of the Institute Cargo Clauses or similar clauses (named risk insurance). However, if the CIP clause is agreed, the seller must now cover the insurance cover corresponding to clauses (A) of the Institute Cargo Clauses (all risks cover) up to named port of destination. However, when both the CIF and CIP clauses are used, the contracting parties are free to agree on a different insurance cover. Renaming from DAT (Delivered at Terminal) to DPU (Delivered at Place Unloaded)According to clause DAT of Incoterms® 2010, the seller had delivered the goods as soon as they were unloaded from the means of transport at a "terminal". It is true that according to the application instructions for the Incoterms® 2010 the term "terminal" was explicitly not to be understood in technical terms, but any place of unloading was meant. However, this was often misunderstood. This circumstance was taken into account in the Incoterms® 2020 by renaming the previous clause DAT to DPU (Delivered at Place Unloaded) for clarification. Inclusion of safety related requirementsSafety related requirements for the transport of goods have been included in rules A 4 and A 7 of each clause of Incoterms® 2020. As in relation to the other clauses of the Incoterms®, it should be noted that these are directly applicable only to the parties to the contract of sale and are not the subject of the contract of carriage. These are the three most important innovations. Other changes concern the bills of lading with an onboard note under the FCA clause, the organisation of transport with the seller's or buyer's own means of transport in FCA, DAP, DPU and DDP, the non-consideration of VGM (Verified Gross Mass) and the warning against the use of the DDP and EXW clauses in cross-border trade. (Source: Speditions - und Logistikverband Hessen/Rheinland-Pfalz e.v.) |
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