2013年8月20日星期二

On how to interpret the term FAS


 Kunshan Bearing: FAS term in the translation for the port of shipment Alongside Ship (named port of shipment), whose original is Free Alongside Ship (named port of shipment). FAS port of shipment, means that the seller of the goods to the port of loading dock boat. Far as the hook of the ship in order to outline the wheel with hooks, hanging onto the ship the goods.
FAS condition at shipment transaction, buyers and sellers the division of costs and risks to boat for the sector, the goods to the side of the boat in front of all the costs and risks (which may include costs and lightering lightering occurs during the risk of loss of the goods. Kunshan bearings, no borne by the seller, when the goods are placed alongside the vessel efficiently, the cost of risk is transferred from the seller to the buyer, so the FAS term requires the buyer for export customs clearance, the buyer can not directly or indirectly export formalities in the case, You should not use this terminology.
FAS term scope, including maritime or inland waterways, according to FAS port of shipment conditions transaction, the seller is responsible only required to deliver the goods alongside the vessel, without the handle export formalities compounds responsibility of the buyer shall bear its own costs and risk, obtain an export license and other official approval documents and clearance of goods for export, but, as the buyer requires the seller to assist in obtaining an export license or other official approval document and do a clearance of exports of goods, however, Taper bearing the seller to the buyer assistance in obtaining an export license or other official approval documents by the expense and risk of the buyer, the seller also help handle Markov, on this issue, in addition to the above general explained above, and consistent with national practice, as some state regulations, seller shall assist in obtaining export licenses, there are individual state regulations, seller shall obtain an export license, in order to clarify responsibilities, when buyers and sellers negotiate the contract, should be noted.

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