FREQUENTLY ASKED QUESTIONS
Incoterms (International Commerce Terms)
Buying internationally have to step through many processes and many people attend to the process of supplying these goods oversea, so incoterms of trade is a very important to identify responsibilities over buyers and sellers, let's come to find out
Ex-works (EXW)
Factory delivery. (location in exporting country)
- The seller prepares the goods at the factory (factory, warehouse, door)
-The buyer receives the goods or organizes the receipt of the goods at the seller's warehouse, after which the seller takes all responsibility.
- Seller transfers to the buyer the commercial invoice and related documents of goods at the seller's workshop or warehouse
- The buyer bears all costs and risks from the time of receipt of the goods at the seller's workshop.
- The buyer does the work and bears the cost of loading and unloading the goods on the vehicle at the seller's warehouse, bears all the costs of transporting to the port, customs clearance for export, transit, import....
SELLER HAS BEEN RECEIVED FOR GOODS VALUE PAYMENTS ONLY
BUYER PAY FOR GOODS TO SELLER, BUYER SELF PAY TO CARRIER, PAY TAXES.
Free Carrier (FCA)
Deliver the goods to the carrier (at the named place in the country of export)
-Seller places the goods in the carrier nominated by the buyer.
-Buyers carry out procedures and bear all costs related to export licenses and taxes.
- Transfer to the buyer invoices, transport documents and related documents of goods.
-Buyer arranges and pays freight.
-Buyer clears and pays import tax.
The time when the risk is transferred is after the seller has delivered the goods to the carrier.
SELLER HAS BEEN RECEIVED FOR GOODS VALUE PAYMENTS AND A DELIVER FEE TO NEAREST CARRIER BUYER CAN ARRANGE.
BUYER PAY FOR GOODS TO SELLER, BUYER PAY TO CARRIERS THROUGH SELLER AND SELF PAY, PAY TAXES.
Free Alongside Ship (FAS)
Delivery along the ship's side (at the named port of loading)
-SELLER Delivers the goods alongside the named vessel, at the named port.
-SELLER Transmit commercial invoice, documents as proof of delivery and other relevant documents.
- BUYER Carry out procedures and pay all customs clearance costs, export permits.
- BUYER Arranges and pays freight for the carriage of goods by sea.
-BUYER Inform seller of delivery and boarding date.
Free On Board (FOB)
Delivery on board (at the named port of loading)
-Seller delivers the goods on board the vessel at the named port of call.
- The seller does procedures and pays all costs related to customs clearance, export permits.
- The seller delivers the commercial invoice, documents as proof of delivery and other relevant documents at the port
- The buyer arranges and pays the freight for the carriage of goods by sea.
- Buyer arranges and pays import clearance fee.
Cost And Freight (CFR)
Cost and freight (specified port of destination)
-Seller arranges and pays freight to bring the goods to the port of destination.
- The seller does the procedures and pays the export fee.
- Seller Informs buyer of freight train details.
-Buyers do procedures and pay the costs of import clearance.
-Buyer pays for unloading and transportation to buyer's warehouse from port of customs.
Cost Freight Insurrance (CIF)
Cost, Freight, Insurance (specified port of destination in importing country)
- The seller arranges and pays the freight to deliver the goods to the port of export, pays the sea freight to the port of destination, the insurance money (ranging from 2-20 percent of the value of the shipment depending on the type and value of goods batch)
- The seller does the procedures and pays the export fee.
- The seller informs the buyer of the freight train details.
- Buyers do the procedures and pay the costs of import clearance.
-The buyer pays the cost of goods, of unloading and transporting the goods to the buyer's warehouse from the port of customs.
Carriage &Insurance Paid To (CIP)
Freight, insurance paid to (specified destination)
Same as CPT, except seller is responsible for arranging and purchasing insurance.
Carriage Paid To (CPT)
The same with CFR, but usually use for the situation the container have to move to a destination where container yard locate in very deep inside soil inland
Duties Delivered Unpaid (DDU)
Delivery of unpaid tax (at the named place of destination)
-The seller fulfills all obligations, bears all costs and risks, to bring the goods to the named place nominated by the buyer in the buyer's country,
- Buyers do the procedures and pay import clearance costs.
Duties Delivered Paid (DDP)
The seller delivers the goods to the buyer's warehouse, factory, and pay all costs for the shipment to arrive at the destination specified by the buyer safely and on time.
Delivered At Frontier (DAF)
Delivery at the border (specified place)
-Seller arranges transportation and insurance for the goods batch to the named place at the border of the buyer's country.
-Seller delivers invoices, transport documents and other documents.
-Buyer arranges and pays the cost related to export customs clearance.
-Buyer arranges and pays fees related to import clearance.
Delivered Ex Ship (DES)
Delivery at the vessel (at the named port of discharge)
Same as CIF, except that the seller is responsible for delivering the goods on board the vessel at the named port of destination.
Delivered Ex Ship (DEQ )
Delivered Ex Quay (named port of destination)
Delivery on the wharf (at the specified port of discharge)
-Seller arranges and pays the freight.
-Seller arranges and pays the cost of insurance.
-Seller bears the costs of unloading and delivering the goods at the named port of destination.
- Buyer incharge for shipping the goods batch after receiving the goods at the named wharf.
-Buyer arranges and pays import clearance costs.
PP (Private Policies)
Sure! Below is a general template for a Privacy Policy. Keep in mind that depending on the nature of your business, the services you provide, and the jurisdictions you operate in (such as the EU or California), you may need to adjust the content to comply with local privacy laws (such as GDPR, CCPA, etc.). It's always a good idea to have a legal expert review your Privacy Policy.
Privacy Policy
Last updated: 12/24/2020
[EHTM] ("we", "our", "us") is committed to protecting and respecting your privacy. This Privacy Policy explains how we collect, use, and disclose personal information when you visit our website, use our services, or interact with us in other ways. By accessing or using our website and services, you agree to the terms outlined in this Privacy Policy.
1. Information We Collect
We may collect the following types of information:
Personal Information: This includes your name, email address, phone number, billing address, and other details that you provide when you sign up for our services, make purchases, or contact us.
Usage Data: We collect information about how you interact with our website, such as IP addresses, browser types, operating systems, pages visited, and timestamps of visits.
Cookies and Tracking Technologies: We may use cookies, web beacons, and similar technologies to enhance your experience, analyze trends, and gather demographic information.
2. How We Use Your Information
We may use the information we collect for the following purposes:
To provide, operate, and improve our services and website.
To communicate with you, including sending you updates, offers, and customer support.
To process transactions and manage payments.
To personalize your experience and tailor our content to you.
To comply with legal obligations and protect our rights.
3. Sharing Your Information
We do not sell, rent, or lease your personal information to third parties. However, we may share your information in the following situations:
Service Providers: We may share your data with trusted third-party vendors who assist us in providing our services (e.g., payment processors, hosting providers).
Legal Requirements: We may disclose your information if required by law or if we believe it is necessary to protect our rights or comply with legal processes.
Business Transfers: In the event of a merger, acquisition, or sale of assets, your personal information may be transferred as part of the transaction.
4. Data Security
We take reasonable steps to protect the personal information you provide from unauthorized access, alteration, or destruction. However, no data transmission over the internet is completely secure, and we cannot guarantee the absolute security of your information.
5. Your Rights
Depending on your jurisdiction, you may have certain rights regarding your personal information, including:
The right to access, correct, or delete your personal data.
The right to object to or restrict the processing of your data.
The right to withdraw consent for data processing, where applicable.
If you wish to exercise any of these rights, please contact us at [contact information].
6. Retention of Data
We will retain your personal information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, unless a longer retention period is required by law.
7. International Transfers
If you are located outside of [Country], please be aware that your personal data may be transferred to and processed in [Country] or other jurisdictions that may not have the same data protection laws as your country. By using our services, you consent to the transfer of your data.
8. Third-Party Links
Our website may contain links to third-party websites. We are not responsible for the privacy practices or content of those sites. We encourage you to review their privacy policies before submitting any personal information.
9. Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or for other operational, legal, or regulatory reasons. Any changes will be posted on this page with an updated "Last updated" date.
10. Contact Us
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at:
EHTM
Address: Tranguyenhan, Bacgiang, Vietnam
Email Address: sales@e-htm.com
This is a general Privacy Policy template. Be sure to tailor it to your specific business practices and consult a legal professional to ensure compliance with applicable laws.