Shipment on ex-works basius
This query is : Resolved
PADMAMOHAN UNIKANDATH
(Querist)
18 April 2012
Dear Sir ,
Kindly advise whether a Merchant Exporter
Can Execute a Shipment on Ex-Works Basis.
Await Expert Advise.
Regds,
padmamohan
Kindly advise whether a Merchant Exporter
Can Execute a Shipment on Ex-Works Basis.
Await Expert Advise.
Regds,
padmamohan
RAMESH KUMAR VERMA
(Expert)
18 April 2012
it depands on Export Import sales contract.
Noted please:
One of the simplest and most basic shipment arrangements places the minimum responsibility on the seller with greater responsibility on the buyer. In an EX-Works transaction, goods are basically made available for pickup at the shipper/seller's factory or warehouse and "delivery" is accomplished when the merchandise is released to the consignee's freight forwarder. The buyer is responsible for making arrangements with their forwarder for insurance, export clearance and handling all other paperwork.
any query ,
Noted please:
One of the simplest and most basic shipment arrangements places the minimum responsibility on the seller with greater responsibility on the buyer. In an EX-Works transaction, goods are basically made available for pickup at the shipper/seller's factory or warehouse and "delivery" is accomplished when the merchandise is released to the consignee's freight forwarder. The buyer is responsible for making arrangements with their forwarder for insurance, export clearance and handling all other paperwork.
any query ,
PADMAMOHAN UNIKANDATH
(Querist)
19 April 2012
Dear Sir,
Thanks for your explanation.
But actually my query was whether the incoterm "Ex Works" can be used by a Merchant Exporter or it can be used only
by a Manufacturer Exporter.
Rgds
padmamohan
Thanks for your explanation.
But actually my query was whether the incoterm "Ex Works" can be used by a Merchant Exporter or it can be used only
by a Manufacturer Exporter.
Rgds
padmamohan
RAMESH KUMAR VERMA
(Expert)
19 April 2012
both can execute...
it depands on ESC.
it depands on ESC.
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