Import and Export
Overview
This guidance has been drafted as a reference point for all departments/schools within Queen Mary University of London, when importing/exporting goods to and from the UK as of 1st January 2021.
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The University's VAT registration number is: GB 248 8379 11 |
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The University's EORI number is: GB 248 8379 11 000 |
Incoterms references
- To help users understand shipping and any related costs, the International Chamber of Commerce publishes an internationally recognised list of trade terms for import costs; this is known as Incoterms 2020.
- Commonly used Incoterms are below. (There are seven terms for all modes of transport and a further four for sea freight only)
Rules for any Mode or Modes of Transport
- EXW | Ex Works
- FCA | Free Carrier
- CPT | Carriage Paid To
- CIP | Carriage and Insurance Paid To
- DAP | Delivered at Place
- DPU | Delivered at Place Unloaded
- DDP | Delivered Duty Paid
Rules for Sea and Inland Waterway Transport
- FAS | Free Alongside Ship
- FOB | Free On Board
- CFR | Cost and Freight
- CIF | Cost Insurance and Freight
For any queries on procurement, supplier engagement or supply chain please contact finance-procurement@qmul.ac.uk.
For any queries on tax contact finance-tax-manager@qmul.ac.uk.