Is Truck Waybill Required For LC With Incoterms As Exworks

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rejisac
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Joined: Tue Jun 24, 2014 12:40 am
First Name: Reji
Last Name: Isaac
Organization: Paris Gallery LLC
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Location: UAE

Is Truck Waybill Required For LC With Incoterms As Exworks

Post by rejisac » Fri Oct 03, 2014 3:29 pm

Is Truck way Bill or Truck Consignment Note required for a Local LC with Inco Terms as 'Ex works' and the Supplier does not have their own ware house and use third party warehouse? My doubt is whether we can use 'Delivery Note' from the supplier instead of Truck way bill? Note that as per Ex works terms, the customer is responsible for picking up the goods from Supplier's warehouse.

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picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

Incoterms EXW

Post by picant » Sun Oct 12, 2014 12:00 am

Hi Pal,

a part using INCOTERMS in local transactions is not advisable,Truck Waybill or delivery note will be the same, the problem is that you have to trust the person, the company that takes up your goods, specially if these goods are not yet paid.
Other comments appreciated
Ciao

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