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What is meant by Ex-Works?

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Question ajoutée par padmakumar pathiyil , Marketing Consultant , Management Consultancy
Date de publication: 2014/12/11
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

A transaction in which the seller's only responsibility is to make the ordered goods available to the buyer at the seller's premises. The buyer bears the cost and risk in transporting the goods from the seller's premises to destination. Since this includes pre- carriage and export clearance in the seller's country, Ex-works  is not a very practical Incoterm in many exporting countries.

Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

'Ex Works - EXW'

A trade term requiring the seller to deliver goods at his or her own place of business. All other transportation costs and risks are assumed by the buyer.

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