Incoterms for Lithium Battery

Quelle: https://www.iccwbo.org/resources-for-business/incoterms-rules/

Definition of the term: An Incoterms rule applied to international trade specifically for lithium batteries. It sets out which party bears risks, transport costs, customs clearance, and responsibility for complying with regulatory requirements (e.g., dangerous goods regulations for lithium batteries) during transport, and at what point the risk transfers in the sales contract.

Related Terms

You might also be interested in these terms

Incoterms for food

A set of standardized international trade terms (Incoterms) that define which party bears costs and risks and when delivery and transfer of control oc...

Learn more

ICC Incoterms®

The ICC Incoterms® (International Commercial Terms) are a set of internationally recognized trade terms published by the International Chamber of Comm...

Learn more

Incoterms Lithium Battery Risk

A risk allocation concept under Incoterms relating to lithium batteries during transport, covering responsibility for loss or damage, compliance with ...

Learn more

Incoterms KPI

A metric used to assess how effectively Incoterms rules are applied in a transaction, typically by comparing the actual costs, risks, and responsibili...

Learn more

Incoterms SAP

Incoterms SAP refers to the Incoterms rules as implemented and used within the SAP software ecosystem to define responsibilities, costs, and risk tran...

Learn more

Rail Incoterms

A group of Incoterms applicable to freight transport by rail. They specify which party bears risk, costs, and obligations for the goods during shippin...

Learn more

⚖️ ICC Incoterms 2020

Incoterms 2020 Simulator: Who bears costs & risk?

Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.

Incoterms Simulator →