The Incoterm CPT stands for "Carriage Paid To" – "Freight paid to destination". This Incoterm is applicable to all modes of transport and is one of the dispatch clauses where the seller assumes the costs of the main transport.
In the case of ‘CPT, destination’, the seller delivers the goods to the first carrier and organises, at their own expense but at the buyer's risk, the transport of the goods to the agreed and specified destination (e.g. port, airport, railway station, customer's premises or construction site). This clause is preferable to the CFR clause for the transport of general cargo or containerised goods.
- The buyer bears all transport risks for the entire transport route, starting from the moment the goods are handed over to the first carrier. The goods are not insured by the seller. CPT is particularly suitable if the buyer has taken out their own transport insurance.
- Please note that when calculating the statistical value, all transport costs after leaving the EU external border must be deducted from the value of the goods.
- If the seller is to insure the freight, then the CIP clause must be used.
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