cpt terms incoterms

cpt terms incoterms refer to “Carriage Paid To,” one of the terms defined in the Incoterms rules, which govern international trade transactions. Under CPT, the seller is responsible for paying the costs associated with transporting goods to a specified location, typically a transport hub in the destination country. However, the risk of damage or loss during transit is transferred from the seller to the buyer once the goods are handed over to the carrier. This term is often used for air, sea, and land shipments. It is important for both buyers and sellers to understand the responsibilities defined under CPT to avoid misunderstandings and disputes related to shipping costs and delivery responsibilities.