ICC INCOTERMS 2000
Posted: Fri Jun 06, 2008 10:47 am
Hi,
Considering the fowlloing clause in ICC INCOTERMS 2000 i/e
{ B6 division of costs
the buyer must,subject to the provision of A3 (a) pay,
- unloading costs unless such costs and charges were for the seller account,d under the contract of carriage
…..
{
I understand from above mentioned clause that in terms CPT,CFR, CIF, CIP the costs of unloading, by defult, must be paid by buyer i/e if in the text of an L/C we would have( CPT Dubai) the benef. must pay loading costs, the freight until Dubai but the unloading in Dubai is the function of buyer so it must bear the risk and cost of unloading. Is it right? otherwise please give your comments.
Thank you
hassan
Considering the fowlloing clause in ICC INCOTERMS 2000 i/e
{ B6 division of costs
the buyer must,subject to the provision of A3 (a) pay,
- unloading costs unless such costs and charges were for the seller account,d under the contract of carriage
…..
{
I understand from above mentioned clause that in terms CPT,CFR, CIF, CIP the costs of unloading, by defult, must be paid by buyer i/e if in the text of an L/C we would have( CPT Dubai) the benef. must pay loading costs, the freight until Dubai but the unloading in Dubai is the function of buyer so it must bear the risk and cost of unloading. Is it right? otherwise please give your comments.
Thank you
hassan