Incoterms proof-of-performance obligation

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

A contractual obligation under an Incoterms rule to provide evidence that the seller's or buyer's performance requirements have been fulfilled (such as delivery, loading, export/import clearance), and to supply documentation or proof to the other party; this can affect the transfer of risk and responsibilities.

Related Terms

You might also be interested in these terms

Proof of place of performance

A document or declaration that confirms the location where a service or performance was carried out, used for billing, tax, and liability purposes in ...

Learn more

place of performance

The place of performance is the geographic location where a good is delivered or a service is performed, and for VAT purposes it determines where the ...

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 cost proof

Document or evidence that shows which costs are borne by the seller or the buyer under the applicable Incoterms, including transport, insurance, dutie...

Learn more

Port performance

Port performance refers to the efficiency and effectiveness of a port's operations in moving cargo through the facility. It includes metrics such as t...

Learn more

Incoterms import proof

Note: This is not an official Incoterms term. In German usage, “Incoterms Einfuhrnachweis” denotes a document proving that imported goods have entered...

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 →