I. Introduction of CPT terminology
CPT term means "freight paid to (...Named place)
CPT term means "freight paid to (...Named place)
CPT means that the seller delivers the goods to its designated carrier, but the seller must also pay the freight to get the goods to the destination。The CPT term means that the buyer bears all risks and other costs after delivery。
"Carrier" means any person who, in a contract of carriage, undertakes to perform the carriage by rail, road, air, sea, inland waterway or a combination of such carriage or to be carried out by another person。If the receiving carrier is also used to carry the goods to the agreed destination, the risk passes when the goods are delivered to the first carrier。
The CPT term requires the seller to clear export customs。
The term can be applied to various modes of transport, including multimodal transport。
A Seller's obligations
B Buyer's Obligations
A1 Supply the goods in accordance with the contract
The seller must provide the goods in accordance with the provisions of the sales contract and commercial invoices or equivalent electronic messages。And any other proof that the goods are in conformity with the contract as may be required by the contract。
B1 Payment of price
The buyer must pay the price in accordance with the sales contract。
A2 Permits, other permits and procedures
The seller must, at his own risk and expense, obtain any export license or other official permission and, if necessary, complete all customs formalities necessary for the goods to be exported。
B2 Licenses, other permits and procedures
The buyer must, at his own risk and expense, obtain any import license or other official permission and, if necessary, complete all customs formalities for the import of goods and transit from other countries。
A3 Contracts of carriage and insurance
a) Contract of carriage
The seller must, at his own expense, conclude a contract of carriage on the usual terms and conditions for the delivery of the goods to the agreed point of destination in accordance with the usual route and customary means。If the specific point of delivery is not agreed or cannot be determined by custom, the Seller may select the point of delivery at the specified destination that best suits its purpose。
b) Insurance contract: no obligation。
B3 Transport Contract and insurance contract
a) No obligation under the contract of carriage。
b) No obligation under the insurance contract。
A4 delivery
The Seller must deliver the goods to the carrier contracted in accordance with A3 or, if there is a receiving carrier, to the first carrier to enable the goods to be delivered to the agreed point of destination within the agreed date or period。
B4 Take delivery of goods
The buyer must take delivery of the goods when the seller has delivered them in accordance with A4 and receive the goods from the carrier at the named destination。
A5 Risk transfer
Except as provided in B5, the Seller shall bear all risks of loss or damage to the goods until delivery has been made in accordance with A4。
B5 Risk transfer
The Buyer must bear all risks of loss of or damage to the goods from the time of delivery in accordance with A4。
If the Buyer fails to give notice to the Seller in accordance with B7, the Buyer shall bear all risks of loss of or damage to the goods from the agreed delivery date or the expiry of the delivery period, provided that the goods have been duly assigned to the contract, that is, clearly delineated or otherwise identified as the goods under the Contract。
A6 Cost division
Except as specified in B6，The Seller must pay all expenses incurred in connection with the goods up to the time of delivery in accordance with A4，And freight and all other expenses incurred in accordance with A3a)，Including the loading fee paid by the seller in accordance with the contract of carriage and the discharge fee at the destination;And when customs formalities are required，Customs fees required for the export of goods and all duties, taxes and other fees payable at the time of export，And in accordance with the contract of carriage，The cost of transit of goods from another country paid by the seller。
B6 Cost division
Except as specified in A3，The Buyer must pay all costs from the time of delivery in accordance with A4;And all costs incurred in transit until the goods arrive at the destination，Unless such charges shall be paid by the Seller under the contract of carriage;Landing charge，Unless payable by the seller under the contract of carriage;And if the Buyer fails to give notice to the Seller in accordance with B7，From the agreed date of shipment or the expiry date of the shipment period，All additional costs incurred for the goods，However, the goods have been duly assigned to the contract，To the extent that they are clearly marked out or otherwise identified as the goods under the contract;And when customs formalities are required，All duties, taxes and other charges payable on the importation of goods，And customs fees，And the cost of transit from another country，Unless these costs have been included in the contract of carriage。
A7 Notify the buyer
The Seller must give the Buyer sufficient notice that the goods have been delivered in accordance with A4, and any other notice required, to enable the Buyer to take such measures as are normally necessary to take delivery of the goods。
B7 Notify the seller
Once the Buyer has the right to decide the time and/or destination of the delivery of the goods, the Buyer must give the Seller adequate notice to this effect。
A8 Delivery documents, transport documents or equivalent electronic messages
The Seller must, at its own cost (if customary) furnish the Buyer with the usual transport documents (e.g. negotiable bill of lading, non-negotiable sea waybill, inland waterway document, air waybill, rail waybill, road waybill or multimodal transport document) to which the contract of carriage under A3 is subject.。
If the buyer and seller agree to communicate electronically, the documents referred to in the preceding paragraph may be replaced by an electronic data interchange (EDI) message that has the same function。
B8 Delivery certificate, transport document or equivalent electronic message
The Buyer must accept the transport document provided in accordance with A8 if it complies with the contract。
A9 Check, pack and mark
The Seller must pay the costs of checking (e.g. checking the quality of the goods, measuring, weighing, counting) necessary for delivery in accordance with A4.。
The Seller must, at his own cost, provide such packing as is required for the carriage he has arranged (unless the goods described in the Contract are shipped without packing in accordance with relevant industry practice)。Packages should be properly marked。
B9 Goods inspection
The buyer must pay the cost of any pre-shipment inspection, except for inspections mandated by the relevant authorities of the exporting country。
A10 Other obligations
At Buyer's request and at Buyer's risk and expense，The seller must render every assistance to the buyer，To assist the Buyer in obtaining any documents or equivalent electronic messages (other than those listed in A8) issued or transmitted by the country of shipment and/or the country of origin that may be required for the Buyer to import the goods and, if necessary, transit from another country。
At the request of the Buyer, the seller must provide the Buyer with the information required for insurance。
B10 Other obligations
The Buyer must pay all costs incurred in obtaining documents or equivalent electronic messages referred to in A10 and reimburse the Seller for the costs incurred in providing assistance。
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