Overview
The Incoterms Compliance Checker validates international shipping terms and ensures trade documentation compliance. It verifies proper application of Incoterms 2020, identifies risk transfer points, and supports customs compliance for international shipments.
Capabilities
- Incoterms 2020 Validation: Validate correct application and interpretation of Incoterms 2020 rules
- Risk Transfer Point Identification: Clearly identify where risk transfers from seller to buyer
- Cost Responsibility Allocation: Allocate costs appropriately based on selected Incoterm
- Document Requirement Generation: Generate lists of required documents for each Incoterm
- Customs Compliance Checking: Verify compliance with customs requirements based on trade terms
- Trade Agreement Validation: Check applicability of trade agreements and preferential tariffs
- Landed Cost Calculation: Calculate total landed costs including duties, taxes, and fees