Inco Terms, Different stage where risks and costs transfer from Seller to Buyer

Different stage where risks and costs transfer from Seller to Buyer  under Incoterms 2020


Warehouse services                                                                        

Marking and labeling                                                                       

Packing of Goods                                                                            

Loading at Seller’s premises                                                           

Transportation from Seller’s premises to Load port                                                           

Unloading at Port named            

Loading to Vessel/Aircraft           

Export documentation                 

Export Customs Clearance          

Export Taxes and duties (if any)               

Handling Charges at Load Port   

Main Carriage (Ocean Freight/Airfreight)             

Unloading from Vessel/Aircraft   

Destination Port Handling             

Import Customs Clearance         

Import Documentation                

Import Taxes and Duties (if any)  

Transportation from destination port to named place    

Unloading at named place          

Insurance on movement of goods

Inco Terms for movement of goods is revised as Incoterms 2020.  The importers and exporters are suggested to use the latest versionClick here to read the contents of Inco Terms 2020.


Learn practical problems and solutions in Exports and Imports

Click here to read latest Inco terms rules for delivery of goods  

Banking rules related to Exports and Imports in India

How to open Letter of Credit, easily explained here

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