linda@gwt188.com
CPT Carriage Paid To: The Paid Passage
Under the term CPT Carriage Paid To, the seller pays for carriage to the named place of destination, but the risk transfers to the buyer once the goods have been handed over to the first carrier. Imagine you’re on a train, comfortably seated, knowing that your ticket has been paid for. That’s CPT. Introduced in 1980, CPT is a modern twist on CFR, reflecting the shift from sea to multi-modal transport.
Obligaciones del vendedor:
Entregar la mercancía al transportista en el lugar de embarque convenido.
Pay for the cost of transport to the named place of destination.
Despachar las mercancías para la exportación.
Obligaciones del comprador:
Despachar las mercancías para la importación, pagando los posibles derechos de aduana.
Asumir todos los riesgos de pérdida o daño una vez entregada la mercancía al transportista.
CPT instance:
CPT: Transporte pagado hasta
Let’s use an example to explain the pricing and shipping under the Incoterm CPT (Carriage Paid To).
We can use this scenario: A Chinese seller is shipping electronic products to a buyer in the United States.
He aquí cómo se desglosarían los costes:
- Coste del producto: Agreed price for the electronics is $20,000.
- Logística local: Costs for delivering goods from warehouse to the port in China (seller’s responsibility), let’s say $1,000.
- Export Customs Clearance: Gastos de despacho de exportación de la mercancía por la aduana china (a cargo del vendedor), digamos $500.
- Gastos de transporte: Cost of shipping goods across the ocean to the destination port in the US (seller’s responsibility under CPT), let’s say $2,000.
So, the total cost to the seller (CPT price) is $20,000 + $1,000 + $500 + $2,000 = $23,500.
Envío:
- Despacho aduanero de importación: Duties and taxes for goods to be cleared by US customs (buyer’s responsibility), let’s say $3,000.
- Logística local: Costs for delivering goods from the port to the buyer’s warehouse in the US (buyer’s responsibility), let’s say $1,000.
So, the total cost to the buyer should be the CPT price ($23,500) plus the costs of Import Customs Clearance ($3,000), and Local Logistics ($1,000). That is, $23,500 + $3,000 + $1,000 = $27,500.
Under CPT, the seller has the obligation to arrange and pay for the carriage of the goods to the agreed destination, but the risk transfers from the seller to the buyer as soon as the goods have been handed over to the first carrier, which is different from the FOB term.
Which term is closed to CPT?
The Incoterm that is most similar to CPT is PIC (Carriage and Insurance Paid to). Both require the seller to arrange and pay for the transportation of the goods to a specified destination. The key difference is that under CIP, the seller also has to procure and pay for insurance against the buyer’s risk of loss of or damage to the goods during the carriage. Under both terms, the seller needs to arrange and pay for transportation, but only under CIP does the seller also have to arrange for insurance. The risk of loss or damage transfers from the seller to the buyer as soon as the goods have been handed over to the first carrier in both cases.
