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Carriage Paid To CPT

Carriage Paid To CPT named place Incoterms® 2010 - This term may be used whatever mode or modes of transport will be used.

The seller delivers the goods to the carrier or another person nominated by the seller (by implication, unloaded from the seller's vehicle) at an agreed place (not the final destination) but bears all costs of transporting the goods to the final destination.

The seller and buyer must agree on the place of delivery, where risk passes to the buyer, and the final destination which should both be specified precisely. (read more)