Incoterms® 2020 Rules—CPT Carriage paid to
Published by a LexisNexis Commercial expert
Practice notesIncoterms® 2020 Rules—CPT Carriage paid to
Published by a LexisNexis Commercial expert
Practice notesThis Practice Note comprises the guidance note to the CPT Carriage paid to Incoterm in the Incoterms® 2020 Rules, produced here with the permission of ICC Publishing SA. Incoterms® 2020 rules and other ICC publications are available from ICC Publishing SA, 33-43 avenue du Président Wilson, 75116 Paris, France and from ICC United Kingdom, 1st Floor, 1-3 Staple Inn London, WC1V 7QH, United Kingdom, and www.iccwbo.org.
Incoterms® 2020 rules came into force on 1 January 2020, and updated the Incoterms® 2010 rules to reflect changes to the market over the last decade. For the CPT Incoterm valid up until that date, see Practice Note: Incoterms® 2010 Rules—CPT Carriage paid to [Archived].
CPT (insert named place of destination) Incoterms® 2020
Explanatory notes for users
1. Delivery and risk
‘Carriage Paid To’ means that the seller delivers the goods—and transfers the risk—to the buyer
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by handing the goods over to the carrier
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contracted by the seller
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or by procuring the goods so delivered.
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the seller may do so by giving the carrier physical possession of
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