Difference Between CFR And CPT In Shipping Terms

The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.

How to differentiate CFR with CPT?

What are the difference between CPT and CFR?

As per Inco terms of shipping, CPT means Carriage Paid to (named destination mentioned). CFR means, Cost and Freight (up to the destination mentioned).

The detailed articles on CFR and CPT with simple language have been mentioned in this web blog separately. I suggest you to read these articles on CFR and CPT, so as to enable you to have a clear idea on these shipping terms.

What is CPT? What are the responsibilities of buyer and seller under CPT terms? How does CFR term work? What are the obligations of buyer and seller under CFR terms.

The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.

For your immediate reference, I give below web links on CPT and CFR separately below.

CPT terms, a quick reference

What is CFR term in Shipping?

The above articles easily explain about CFR and CPT.

Detailed articles about Inco Terms of Delivery under export and import of International business have been mentioned in separate category – INCO TERMS – in this web site. You can click here to read.

I hope, you have satisfied with the difference between CPT and CFR explained easily. Do you have different thought on difference between CFR and CPT?

The above information is a part of Online Export Import course

Posts about international trade cauching

Difference between DAT and CPT in shipping terms Difference between CPT and DDP in shipping terms How to differentiate CPT and DAP in shipping terms Difference between FCA terms and CPT terms Difference between CFR terms and CIP terms Difference between CFR and DAT in shipping terms Difference between DDP and CFR in shipping terms DAT terms, a simplified tutorial How to start Export Business? How to get Export Orders? What are the risks and solutions in Export Business? Click here to know India Trade Classification(ITC) Service Tax - Click here to read complete notification under Budget 2014 What is Bank post shipment credit to exporters? Types of export containers Measurement of export containers Export Import Policy of India 2015-20 MEIS, Merchandise Exports from India SchemeSEIS, Service Exports from India Scheme Merge your Commercial Invoice and Packing List for all your future exports Export procedures and documentation

The role of CBEC - Central Board of Excise and Customs in India. The role of Export Inspection Agency in Pre-shipment Inspection & Quality ControlThe role of Reserve Bank of IndiaThe Role of the International Chamber of Commerce (ICC)Negotiation procedures and formalities of export billsNon receipt of Cargo Arrival Notice, Can importer sue against shipping company

Payment procedures in Triangular exportsWho is StevedoresWho receives the amount of auctioned / resold imported unclaimed/un-cleared goods?Why demurrage/detention waiver period is required at destination for import

Why do carriers balance weight and volume while charging freight amount in Exports?Why does Palletization require?Why labeling and marking in Export business?The term FCL. What is FCL meansThe term LCL. What does LCL mean? Tips to exporters on DocumentationHow does First Appraisement system of import customs clearance procedures work? How does Letter of Credit work?How does STP units work in India?How does TT (Telegraphic Transfer) work?Transferability of Bill of LadingTranshipment - A redefinitionTravelers to India under import duty exemption, Frequently Asked Questions Part 2Triangular shipmentTypes of Insurance Documents. How does Wire transfer work in international business? How is assessable value calculated by customs for imports?How is IGM filed under high sea sale? How many of you know the meaning of Exports and Imports in India? How many types of imports in India. Types of bills of Entry in India