What is Ex-factory terms in Imports and Exports

Bill of export for Duty free Goods ex-bond

Terms used in freight forwarding such as entry,export receival advice,point of origin,ex works,export ,ex-factory,exempt carrier

Comments

Am: On 17 July 2013 hello! i'd like to ask regarding "ex-factory date" term. This is the payment term clause in one of our invoices: "20th day of the 4th month after the ex-factory date" * the invoice month is May and * the bill of lading month is June. So what would be the ex-factory date? is it the invoice month or bill of lading month? Thanks

kumar: On 25 July 2013 As per my knowledge, the party should mention specifically whether date of invoice or date of bill of lading.

Rajiv : On 17 November 2014 Ex work sale is understood . What remains confusing , is that the seller will raise an export invoice in USD, on ex works basis . THey will also collect payment in forex from their buyer as per their business contract. Whose invoice will be used for clearing customs Pls clarify. Also as the factory owner has raised an export invoice in USD, what documents will be needed for the factory to prove that export of goods has been done . It is possible the new york buyer further sells the goods to some one in Australia.What happens in this case. Can the new york buyer become the exporter from India for shipment by air cargo or sea cargo. I look to hear from you ,

Admin: On 25 November 2014 Hi Rajiv, As you know, the exporter (seller) invoice is used for import customs clearance. Bill of Lading and Export Promotion copy of Shipping Bill (EP copy) are treated as document proof for export. Regarding triangular shipment, please read my other articles about the same.

Kumar: On 21 March 2015 This article is of great help to me being first time merchant exporter. We have an export order with EXW terms which contain 18-20 lots of machinery/pipes/valves to be procured by me from different factories of chennai/B'lore/Mumbai/Nasik. The buyer will clear 90% payment EXW basis against inspection. Can we treat each of my vendor premise as a point of sale as the inspection is arranged at differant places? Is there any documatation haziles?

Sachin Shingane: On 03 April 2015 i am resonantly join in export industry and your information is really helpful thank you so much ..sachin

Sathisha Poojary: On 20 January 2017 Dear Sir I need clarification on ex-works, getting Certificate of Origin etc., from concerned authority is whose responsible seller or buyers responsible Thanks in advance Sathisha Poojary

adam: On 08 February 2017 who pays taxes and duties on ex works?

Robel hossain: On 08 April 2017 Good evening, actually I want to be clear that is there any difference between Ex-work and Ex- factory?

Ajeesh: On 05 March 2018 The details explained about EX-WORKS under inco terms is excellent.

SHRIDHAR: On 17 November 2022 In Ex works term, if to go by word to word definition of incoterm it says sellers responsibility ends the moment he keeps goods ready duly packed along with shipping documents at his premises. Including loading such cargo into truck/container then shifts to buyer. Problem is my forwarder says on ex works term he will simply place container at pick up location. Stuffing goods inside container & lashing & chocking is sellers responsibility. Many times we land in disputes. For small boxes OK no problem. But for goods calling for special tools & tackels for loading what care should we take while negotiation with seller & forwarder?