The seller makes the goods available at their premises, or at another named place. This term places the maximum obligation on the buyer and minimum obligations on the seller. The Ex Works term is often used while making an initial quotation for the sale of goods without any costs included.
EXW means that a buyer incurs the risks for bringing the goods to their final destination. Either the seller does not load the goods on collecting vehicles and does not clear them for export, or if the seller does load the goods, he does so at buyer's risk and cost. If the parties agree that the seller should be responsible for the loading of the goods on departure and to bear the risk and all costs of such loading, this must be made clear by adding explicit wording to this effect in the contract of sale.
There is no obligation for the seller to make a contract of carriage, but there is also no obligation for the buyer to arrange one either - the buyer may sell the goods on to their own customer for collection from the original seller's warehouse. However, in common practice the buyer arranges the collection of the freight from the designated location, and is responsible for clearing the goods through Customs. The buyer is also responsible for completing all the export documentation, although the seller does have an obligation to obtain information and documents at the buyer's request and cost.
These documentary requirements may result in two principal issues. Firstly, the stipulation for the buyer to complete the export declaration can be an issue in certain jurisdictions (not least the European Union) where the customs regulations require the declarant to be either an individual or corporation resident within the jurisdiction. If the buyer is based outside of the customs jurisdiction they will be unable to clear the goods for export, meaning that the goods may be declared in the name of the seller by the buyer, even though the export formalities are the buyer's responsibility under the EXW term.
Secondly, most jurisdictions require companies to provide proof of export for tax purposes. In an EXW shipment, the buyer is under no obligation to provide such proof to the seller, or indeed to even export the goods. In a customs jurisdiction such as the European Union, this would leave the seller liable to a sales tax bill as if the goods were sold to a domestic customer. It is therefore of utmost importance that these matters are discussed with the buyer before the contract is agreed. It may well be that another Incoterm, such as FCA seller's premises, may be more suitable, since this puts the onus for declaring the goods for export onto the seller, which provides for more control over the export process.
Used STARRAG HECKERT CWK 1600 H Horizontal machining center
Control Fanuc 16 M
Total operating hours 129.000 std.
Spindle hours since new bearing 700 std.
X - path: 2.300 mm
Y - travel: 1.400 mm
Z - travel: 1… Know More
Used WEILER DZ32 CNC lathes with KUPA bar feeder LM 1000
Control: Siemens Sinumerik 820 TE
Operating hours 31698 std
Technical data lathe:
Speed: 5000 rpm.
Spindle head according to DIN 55026/A5
Swing diameter over bed way cover:… Know More
Used ARISA S-4-630-420-200-FDE TRANSFER PRESS for Sale
SIEMENS control, moving bolster, Frame with Die rods, 4 rods, KEMMERICH feeding line with Electronic feeder, material width max. 1500mm, material thickness max. 4mm, straightener… Know More
Used KEYENCE XM 1000 Handheld Probe Coordinate Measuring Machine
All-in-one design that allows for instant measurement at the desired location.
Bench-top coordinate measuring offering on-site measurements immediately after power-up… Know More
Used SW - BA 400-2 CNC 5-axis horizontal double spindle machining centre
Control: Siemens Sinumerik 840 D
Equipped with coolant system & chip conveyor
X-axis: 400 mm
Y-axis: 450 mm
Z-axis: 400 mm
Max.… Know More
Used SW BA-400-2 CNC 4-Axis Double-spindle horizontal machining centre
CNC Controls Siemens Sinumerik 840D
Spindle 2 was renewed in 09/2021!
X-Axis: 400 mm
Y-Axis: 450 (700) mm
Z-Axis: 400 mm
Max. cutting… Know More
Used TRUMPF Laser 3030 from year 2012. with 3,2 KW Resonator
Laser on: 44500 Hours
Beam on : 34000 Hours
Siemens Sinumerik 840 d cnc control
Laser power: 3200 watts
Working area : 3000 x 1500 x 115 mm
Max.… Know More
Used INDEX GU 600 CNC Lathe with Bar loader
Two Units available Build 1986 & 1985
CNC Controls Siemens Sinumerik 3 T
One shift operation only
Machines are still running on a daily basis, and are in very good condition for their… Know More
The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law. They are widely used in international commercial transactions or procurement processes and their use is encouraged by trade councils, courts and international lawyers. A series of three-letter trade terms related to common contractual sales practices, the Incoterms rules are intended primarily to clearly communicate the tasks, costs, and risks associated with the global or international transportation and delivery of goods. Incoterms inform sales contracts defining respective obligations, costs, and risks involved in the delivery of goods from the seller to the buyer, but they do not themselves conclude a contract, determine the price payable, currency or credit terms, govern contract law or define where title to goods transfers.