The seller pays for carriage to the place of destination, but risk passes to the buyer when the goods are handed over to the first carrier. CPT is already selected in the generator
Parties, documents and specifics for every deal scheme
The CPT term is passed into the form from this page
Import or export of goods. Parties, goods with HS codes and prices go into the same form; the Russian party's details are filled in from its INN (taxpayer number).
CPT is already selected. Enter the place of destination: the seller pays for carriage up to it. The delivery terms in the specification will be built for CPT.
You see the whole document before paying: the English and Russian columns, the specification, the delivery term. After payment you get the DOCX.
An Incoterms rule applies to the delivery of goods — import or export
The supplier pays for delivery to you, but the risk in transit is yours.
You pay for carriage to the buyer; risk passes at shipment.
Risk passes when the goods are handed over to the first carrier at the place of shipment — not at the place of destination
A delivery term without an exact place and without the conditions around it does not work well
Meaning, risk, costs, title
The preview of the whole document is free: you see both columns in full and pay only if it suits you. No subscription, no registration.
CPT fits when it is more convenient for the seller to arrange carriage by any mode of transport itself, and the buyer is ready to take the risk from shipment. Agree the place of handover to the first carrier with the seller: the generator form asks only for the place of destination, and the place of handover, if needed, is added to the specification of the finished document.
The delivery term is set out in Annex No. 1 (Specification) in English and Russian. The English column for this term:
CPT [place]
Delivery and transfer of risk: The Seller has fulfilled its delivery obligation when it hands the Goods over to the carrier it has contracted with (the first carrier). The risk of loss of or damage to the Goods and the title to the Goods pass from the Seller to the Buyer at that moment. The Seller paying for carriage to [place] does not change the moment when risk passes: the arrival of the Goods at the destination is not delivery.
Costs: The Seller pays for carriage to the named place of destination ([place]) and bears export formalities. The Buyer bears the costs from delivery onwards, except the carriage paid by the Seller, as well as unloading at the destination unless it is included in the contract of carriage.
Customs clearance: export clearance is the Seller's obligation; import clearance, duties and taxes are the Buyer's.
Insurance: Incoterms 2020 imposes no insurance obligation on either Party under this rule. As risk passes to the Buyer at the place of shipment, the Buyer is advised to insure the cargo at its own cost.
Under CPT the seller pays for carriage and includes it in the price of the goods. If the place of destination is inside Russia, part of these costs falls on the leg across the territory of the Eurasian Economic Union. Under paragraph 2 of Article 40 of the EAEU Customs Code, such costs are not included in the customs value — provided that they are separated from the price, declared by the declarant and supported by documents. It is therefore better to show the cost of delivery beyond the border as a separate amount in the supplier's documents.
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