Understanding Group C Incoterms
- Arne Mielken
- Jan 19
- 5 min read
Understanding Group C Incoterms: Who Pays for What and When the Risk Shifts
In international trade, Incoterms (International Commercial Terms) define the responsibilities of buyers and sellers for the delivery of goods under sales contracts. Group C Incoterms, which include CFR (Cost and Freight), CIF (Cost, Insurance, and Freight), CPT (Carriage Paid To), and CIP (Carriage and Insurance Paid To), set the stage for both cost and risk distribution. These terms are crucial for customs professionals, exporters, and importers alike to ensure smooth transactions and avoid misunderstandings.
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