x You need to learn more about the concept of EXW conditions in freight forwarding?
x Do you want to know how the obligations & responsibilities for risks in EXW conditions are classified?
x What do you need to know when using EXW terms in sales, transportation, and delivery contracts?
Through this article sharing knowledge about EXW Incoterms 2010 conditions , Proship will help you clarify the concept and all related issues raised above to best support the seller and buyer to understand clearly. about what we need to do. Along with that is information about the delivery service package, door-to-door delivery of goods upon request from customers that Proship.vn wants to provide to individuals, businesses, and business units that are really in need.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
Should you choose Proship's efficient and quality freight transportation service?
Proship understands that your time is extremely valuable, so we have developed an additional door-to-door delivery service package to best support those who are always busy and do not have much time to go to the store to choose. item you want. In addition, Proship.vn's door-to-door delivery service also makes it as easy, simple and comfortable as possible for customers to use the service.
What is outstanding about Proship's door-to-door delivery service?
- Proship with very professional door-to-door delivery service, is a solution that helps stores create orders & buyers conduct online shopping easily.
- There is strict management of the store's order status with modern software, helping you always feel secure about the orders you have created.
- Building a door-to-door delivery service combined with a fast shipping service while still ensuring maximum cost savings for shop owners, thereby helping to increase profits when using Proship's cheap services
- Proship is committed to providing you with optimal services with the best quality, enhancing customer satisfaction and economic benefits.
Benefits of the door-to-door pickup and delivery service that Proship brings
- Starting with the need to deliver products to customers when shopping online with products such as clothes, household appliances, shoes, cosmetics, food, drinks, etc. Today, door-to-door delivery service is growing strongly and currently, many food stores, restaurants,... like Proship have also been applying this form.
- With just a simple operation, picking up the phone and calling or clicking on online shopping websites, customers can own their favorite items without wasting much time, effort & cost. go. You will receive countless benefits when using Proship's door-to-door delivery and North-South freight service.
What is the EXW condition?
EXW (EX Works) condition is understood as ex-factory price, is a condition of Incoterms 2010 (international delivery conditions). The name EXW also depends on the delivery location, people can call this "factory delivery price" (Ex Factory), "mine delivery price" (Ex Mine), "plantation delivery price" (Ex). Ex Plantation) or "ex Warehouse price" (Ex Warehouse), but the typical name is still "ex-factory price" or "ex-works price" (Ex Works).
EXW Incoterms 2010 conditions can be used for all modes of transport such as air, sea and can be used in multimodal transport, combining modes of transport together. Therefore, this condition is suitable for domestic trade, on-site import and export,...
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
Learn the detailed content of EXW Incoterms 2010 conditions
EXW Incoterms 2010 conditions include specific provisions on the responsibilities and obligations of both the seller and the buyer as follows:
Division of costs according to EXW Incoterms conditions
Seller bears:
- Costs for checking goods (quality checking, weighing, measuring, counting goods)
- Packing and labeling goods
- The cost of bringing the goods to the designated delivery point if that point is not in the buyer's warehouse
- Any costs incurred related to damage to the goods before delivery.
Buyer bears:
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- All costs related to the goods from the time they are delivered according to the contract terms
- All costs related to import, export, transit of goods, etc.
- Customs clearance, taxes and other fees
- Any fees incurred when goods are not received in time
- In addition, the buyer must reimburse the seller for all costs and fees paid by the seller in assisting the buyer in bringing the goods to their final destination.
Basic obligations of the seller:
- The seller must make the goods ready for delivery and not yet loaded onto the receiving vehicle at a named place (factory or warehouse) and the named place may be the seller's premises. sell or not. The seller must deliver the goods on the specified delivery date or within the agreed period
- The seller must supply the goods and the commercial invoice in accordance with the contract of sale and provide all appropriate evidence which the contract may require.
- If so required, the seller must assist the buyer in obtaining an export license or other official authorization necessary to export the goods, when requested by the buyer and at the buyer's expense and risk.
- Notify the buyer about the seller's delivery time and necessary information to facilitate the buyer to receive the goods.
- Help buyers obtain necessary documents to complete export, import or transit
- Provide any information necessary for the buyer to purchase insurance, and obtain this information at his own risk.
Basic obligations of the buyer:
- The buyer must pay for the goods as specified in the sales contract
- The buyer must obtain, at his own risk and expense, export and import licenses or other official permits and customs clearance to export the goods.
- The buyer must complete export and import procedures for the goods
- The buyer must handle the transportation of the goods from the point of delivery to the destination
- From the time of receipt of the goods at the designated delivery location, the buyer is responsible for all risks and costs arising from the goods.
- The buyer is responsible for loading and unloading the goods at the departure and destination ports.
About modes of transportation
Incoterms 2010, EXW can be used for all modes of transport and the buyer will bear all costs & rental of means of transport.
Insurance for goods according to EXW Incoterms 2010
The seller and buyer have no obligation to create an insurance contract, but if the buyer requests, the seller must bear the risk and expense of providing the information the buyer needs to purchase goods insurance.
Points to note when using EXW conditions
In order for agreements to be made clearly and to avoid possible problems during the working process as well as to protect your legitimate rights, when doing so you need to keep in mind a few things:
- The selling unit has no responsibility or obligation to the buyer's unit in dismantling and loading goods for the buyer. In case the buyer requests support from the seller, the seller must provide additional cost support clearly stated in the contract and the seller will also have to bear all risks that may occur during the process. loading and unloading process of that package.
- According to EXW conditions, to be able to export goods successfully, the buyer needs to know that the seller is only obliged to assist the buyer when actually requested by the buyer to export and the seller has no obligation to do so. do customs procedures for the buyer. Therefore, if you are the buyer, it is advisable not to use the EXW term if the seller cannot directly or indirectly clear export customs procedures for your shipment.
- The buyer has no obligation or responsibility to provide the seller with information related to the purpose of exporting goods. However, the buyer can also provide some necessary information to the seller, such as for tax calculation or reporting (if necessary).
The most detailed and complete knowledge above will hopefully help buyers and sellers better understand the concept of EXW Conditions? What content is included in EXW terms? , if using this condition effectively will bring benefits. If you have any further questions or concerns related to EXW conditions and other conditions in Incoterms 2010, please contact Proship via hotline 0909 344 247 for answers and further support.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
