Ex works, Allocation of expenses to buyer and seller.

The INCOTERM EXW (Ex Works)

Buyer’s and Seller’s responsibility to bear costs under Ex works?

 

Q) Under the INCOTERM EXW, who should bear all cost related with Export customs declaration?

 

Answer

 The Buyer has to bear all cost related with Export customs declaration if contract is under the INCOTERM EXW.

 

Q) Who has to pay the Carriage to port of export under EXW terms?

 

Answer

The Buyer is responsible for paying carriage to port of export under EXW terms.

 

Q) Who is responsible for all the cost for unloading of truck in port of export, in EXW terms?

 

Answer

All the cost for unloading of truck in port of export should given by the Buyer under the INCOTERM EXW.

 

Q) Who is obliged to bear all cost for loading the cargo on vessel/airplane in port of export under EXW terms?

 

Answer

The buyer should pay all cost for loading the cargo on vessel/airplane in port of export under EXW terms.

 

Q) In INCOTERM EXW, who should give money to Carriage (sea/air) to port of import?

 

Answer

In INCOTERM EXW, the buyer should give money to Carriage (sea/air) to port of import.

 

Q) Who should arrange Insurance for the shipment under EXW term?

 

Answer

The buyer has to arrange Insurance for the shipment under EXW term.

 

Q) According to the INCOTERM EXW, all the expenses for unloading the cargo in port of import are whose responsibility?

 

Answer

 The Buyer is responsible for paying all the expenses for unloading the cargo in port of import according to EXW terms of delivery.

 

Q) Under EXW INCOTERM, who should pay for Loading on truck in port of import?

 

Answer

If the contract is under EXW INCOTERM, then the buyer should pay for Loading on truck in port of import.

 

Q) Who is responsible for arranging Carriage to place of destination under EXW terms?

 

Answer

The Buyer is responsible for arranging Carriage to place of destination if the term of delivery is under EXW terms.

 

Q)  Who is obliged to settle all cost for Import customs clearance in EXW terms?

 

Answer

All payment settlement for Import customs clearance in EXW terms is obliged with the Buyer.

 

Q) Import duties and taxes should be paid by whom under the EXW INCOTERM.

 

Answer

Import duties and taxes should be paid by the buyer under the EXW INCOTERM.


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