Incoterms 2011 pdf colombia

Incoterms 2010 the eighth published set of predefined terms, incoterms 2010defines 11 rules, reducing the used in incoterms 2000 by introducing two new rules delivered at terminal, dat. Incoterms 2010 the incoterms rules have been incorporated in contracts for the sale of goods worldwide and provide rules and guidance to importers, exporters, lawyers, transporters, insurers and students of international trade. For confirmation on the applicability of any incoterm, please refer to your local magellan representative. Incoterms 2011 by juan carlos serna torres on prezi. List of incoterms international commercial terms cfr cost and freight the exporter must deliver the goods at the port of destination selected by the importer.

The international chamber of commerce icc explains the main changes of incoterms 2020. The most recent revision is incoterms 2010 which came into force on 1st january 2011. This term represents a very useful way of communication and its actually aimed at reducing confusion between buyers and sellers. Green indicates the seller has the responsibility to provide the service blue indicates it is the buyers responsibility exwincoterms fas fca fob cfr cif cpt cip dat dap ddp load to. A logistics plus incoterms 2020 quick reference guide is shown below. Incoterms 2011 departure exw ex works named place the seller makes the goods available at his premises. Amendments were added respectively in 1953, 1967, 1980, 1990, 2000 and finally 2010. Scribd is the worlds largest social reading and publishing site. Incoterms rules icc international chamber of commerce. Incoterms is an abbreviation for international commercial terms. Incoterms is a set of international rules regarding shipment when trading internationally.

This chart is designed to provide a basic level of understanding of incoterms rules and definitions, and is a general guide only. Incoterms provide a set of international rules for the interpretation of the most. This trade term places the greatest responsibility on the buyer and minimum obligations on the seller. Who is responsible for the cost of transporting the goods, including insurance, taxes and duties. Quick reference guide incoterms 2010 best terms for buyers fob freight on board. Incoterms 2010 only applicable for sea and inland waterway transport. The new international commercial terms incoterms and its. Incoterms 2015 an overview international ommercial terms incoterms are internationally recognized standard trade terms used in sales contracts. Gravamen arancelario 18% del valor cif iva 16% del valor cif. The ex works term is often used when making an initial quotation for the sale of goods. Incoterms y su importancia en las actividades comerciales. Son incluidos por las principales naciones comerciales del mundo. This appears to suggest that, in recent times, the incoterms rules have been revised at 10year intervals.

Transport expenses are thus the responsibility of the exporter. As of 1st january 2011, the 2010 version is in effect. Sales and purchase contracts should clealy state which costs on transfer of the goods are for account of buyer and or seller. The importer bears the expenses of insurance and unloading of the goods. Just click the image to view and download a pdf copy. The incoterms rules are created and published by the international chamber of commerce icc and are revised from time to time. International commercial terms incoterms 2010 rules or. There are eleven rules are divided into two main groups. For detailed explanation, reference is made to icc publication incoterms 2002 costs covers all costs apart from costs of documents. If you have questions regarding the latest incoterms, please contact adam mook at adam.