| # INCO Terms This functionality is specific for India. The INCO (International Commercial) terms also known as the terms of delivery, is defined by the ICC (International Chamber of Commerce), to make international trade easier for the buyer and seller. In Infor ERP LN the Terms of Delivery defines the contract responsibilities of the buyer and the seller for an import transaction. A typical contract responsibility for buyer(B) and seller (S) according to the INCO terms (Terms of delivery) are displayed as below:
Contract Responsibilities | ExW | FCA | FAS | FOB | CFR | CIF | CPT | CIP | DAF | DES | DEQ | DDE | DDP
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Inland freight in seller country | B | S | S | S | S | S | S | S | S | S | S | S | S
Customs clearance in seller's country | B | S | S | S | S | S | S | S | S | S | S | S | S
Payment of custom duties in seller's country | B | S | S | S | S | S | S | S | S | S | S | S | S
Loading to the main carrier or means of conveyance | B | S | B | S | S | S | S | S | S | S | S | S | S
Main carriage or freight | B | B | B | B | S | S | S | S | S | S | S | S | S
Cargo (marine) insurance | B | B | B | B | B | S | B | S | B | B | B | S | S
Unloading from the main carrier or means of conveyance | B | B | B | B | S | B | S | B | S | B | S | S | S
Customs clearance in buyer's country | B | B | B | B | B | B | B | B | B | B | S | B | S
Payment of customs duties in buyer's country | B | B | B | B | B | B | B | B | B | B | S | B | S
Inland freight in buyer's country | B | B | B | B | B | B | B | B | B | B | B | S | S
Other costs and risks in buyer's country | B | B | B | B | B | B | B | B | B | B | B | S | S
Infor ERP LN defines the following terms of delivery in the Terms of Delivery (tcmcs0141m000) session: FOB (Free On Board) FCA (Free Carrier) FAS (Free Alongside Ship) EXW (Ex Works) DES (Delivered Ex Ship) DEQ (Delivered Ex Quay) DDU (Delivered Duty Unpaid) DDP (Delivered Duty Paid) DAF (Delivered At Frontier) CPT (Carriage Paid To) CIP (Carriage and Insurance Paid to) CIF (Cost, Insurance and Freight) CFR (Cost and Freight) Infor ERP LN allows additional charge codes in the Purchase Order Additional Charges (Import) (tdpur9137m00l) session, based on the terms of delivery group present in the below table. Here Y stands for 'Applicable' and N for 'Not applicable'. Following are the three examples: If the Terms of delivery group is CIF, then the charge code Other Charges is applicable. If the terms of delivery group is ExW, then all the charge codes ( Insurance, Freight and Other Charges) are applicable. If the terms of delivery group is DDP, then all the charge codes are not applicable, because all the charges are paid by the seller.
Additional charges | ExW | FCA | FAS | FOB | CFR | CIF | CPT | CIP | DAF | DES | DEQ | DDE | DDP
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Insurance | Y | Y | Y | Y | Y | N | Y | N | Y | Y | Y | N | N
Freight | Y | Y | Y | Y | N | N | N | N | N | N | N | N | N
Other charges | Y | Y | Y | Y | Y | Y | Y | Y | Y | Y | Y | Y | N