Incoterms® 2020 Rules—CPT Carriage paid to

The following Commercial practice note provides comprehensive and up to date legal information covering:

  • Incoterms® 2020 Rules—CPT Carriage paid to
  • Explanatory notes for users
  • 1. Delivery and risk
  • 2. Mode of transport
  • 3. Places (or points) of delivery and destination
  • 4. Identifying the place or point of delivery with precision
  • 5. Identifying the destination as precisely as possible
  • 6. ‘or procuring the goods so delivered’
  • 7. Costs of unloading at destination
  • 8. Export/import clearance
  • More...

Incoterms® 2020 Rules—CPT Carriage paid to

This 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.

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

  1. by handing the goods over to the carrier

  2. contracted by the seller

  3. or by procuring the goods so delivered.

  4. the seller may do so by giving the carrier physical possession of the goods in the manner and at the place appropriate to the means of transport used.

Once the goods have been delivered to the buyer in this way, the seller does not guarantee that the goods will reach the place of destination in sound condition, in the stated quantity or indeed at all.

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