FOT - FREE ON TRUCK

INTERNATIONAL RULES FOR THE INTERPRETATION OF TRADE TERMS
FOT
FREE ON TRUCK
SELLER MUST - BUYER MUST


FOR – FOT
FOR = FREE ORAIL … (NAMED DEPARTURE POINT)
FOT = FREE OTRUCK … (NAMED DEPARTURE POINT)

A – SELLER MUST

1 – Supply the goods in conformity with the contract of sale, together with such evidence of conformity as may be required by the contract.

2 – In the case of goods constituting either a wagon load (carload, truckload) lot or a sufficient weight to obtain quantity rates for wagon loading, order in due time  a wagon (car, truck) of  suitable type and dimensions , equipped , where necessary , with tarpaulins , and load it at his own export  at the date or within  the period fixed , the ordering of the wagon ( car , truck ) and the loading being carried out in accordance with the regulations of the dispatching station .

3 – In the case of  a load less than either a wagon-load , ( carload, truckload ) or a sufficient weight to obtain quantity rates for wagon loading , deliver the goods into the custody of the railway either at the dispatching station or, where such facilities are included in the rate of freight , into a vehicle provided by the railway , at the date or within the period  fixed, unless the regulations of the dispatching station shell require the seller to load the goods on the wagon (car, truck).

-          Nevertheless it shall be understood that if there are several stations at the point of departures, the  seller may select the station which best suits his purpose , provided it  customarily accept goods for the destination nominated by the buyer , unless the buyer shall have reserved to himself the right to choose the dispatching station .

4 – Subject to the provisions of article B .5 below, bear all costs and risks of the goods until such time as the wagon (car, truck) on which they are loaded shall have been delivered into the custody of the railway or, in the case provided for in article A.3, until such time as the goods shall have been delivered into the custody of the railway.

5 – Provide at his own expense the customary packing of the goods, unless it is the custom of the trade to dispatch the goods unpacked.

6 – Pay the costs of any checking operations ( such as checking quality , measuring , weighing , counting ) which shall be necessary for the purpose of  loading the goods or of delivering them into the custody of the railway.

7 – Give notice, without delay, to the buyer that the goods have been loaded or delivered into the custody of the railway.

8 – At his own expense, provide the buyer, if customary, with the usual transport document.

9 - Provide the buyer, at the latter's request and expense (see B.6) with the certificate of origin.

10 -  Render the buyer , at the latter's request , risk and expense , every  assistance in  obtaining the documents issued in the country of dispatch and / or of origin which the buyer may require for purposes of exportation and / or importation ( and , where necessary , for their passage in transit through anther country).

B - BUYER MUST
1 – Give the seller in time the necessary instructions for dispatch.

2 – Take delivery of the goods from the time when they have been delivered into the custody of the railway and pay the price as provided in the contract.

3 – Bear all costs and risks of the goods (including the cost, if any, of hiring tarpaulins) from the time when the wagon (car, truck) on which the goods are loaded shall have been delivered into the custody of the railway or, in the case provided for in article A.3 from the time when the goods shall have been delivered into the custody of the railway.

4 – Bear any customs duties and taxes that may be levied by reason of exportation.

5 – where he shell have reserved to himself a period within which to give the seller instructions for dispatch and /or the right to choose the place of loading, and should he fail to give instructions in time, bear the additional costs thereby incurred and all risks of the goods from the time of expiration of the period fixed provided, however, that the goods shall have been duly appropriated to the contract, that is to say, clearly set aside or otherwise identified as the contract goods.

6 – Pay all costs and charges incurred in obtaining the documents mentioned in articles A.9 & 10 above including the cost of certificates of origin and consular fees.


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