China Naming Network - Ziwei Dou Shu - What does CPT mean? What should I do?
What does CPT mean? What should I do?
CPT stands for ... (named destination of ...), which means that the freight is paid to ... (named destination of ...), which means that the seller delivers the goods to its designated carrier, but the seller must also pay the freight for transporting the goods to the destination. That is, the buyer bears all risks and other expenses after delivery.
"Carrier" refers to any person who promises to carry out the transportation by rail, road, air, sea, inland river or the combination of the above transportation or by others in the transportation contract. If the receiving carrier is also used to transport the goods to the agreed destination, the risk will pass when the goods are delivered to the first carrier.
CPT terminology requires the seller to go through export customs clearance procedures.