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Import clearance obligations under CIF trade terms
Sources of information:未知Release time:2017-02-27 13:30 Reading times:I would like to comment
Case summary:
I export company on CIF Landed London terms with foreign investors sold exportconsignment contract, the quantity of 500 cases, payment by letter of credit and shipment in May. Opening time as stipulated in the contract by the buyer against thesellers credit. Upon successful completion of the loading of the goods, seller/p in the credit period better negotiating procedures and recover the money. Soon, thereceipt sent to the unloading of the goods at the port of London and import declaration fee receipt, upon receipt amount will be paid to the buyer.
Q: do we need to pay the fee, and why?


Comments on:
For unloading costs London, should we pay; but the declaration charges for imports, should not be paid by us. Because I'm an export company and the foreign press sold CIF Landed London conditions, should pay for return shipping including theunloading dock unloading costs to London. CIF trade terms import clearance is under obligations of the buyer, therefore, we are not required to pay declaration charges for imports.
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