Delivered Duty Unpaid (DDU) (...named place of destination)


Delivered Duty Unpaid (DDU) (...named place of destination) : The seller fulfills his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the costs and risks involved in bringing the goods thereto (excluding duties, taxes, and other official charges payable upon importation as well as the costs and risks of carrying out customs formalities). The buyer has to pay any additional costs and to bear any risks caused by his failure to clear the goods for import in time. Basically, referring to DDP except buyer pays for the import duty
No records Found
afaatim.com copyright © April 2016 Dr.K.R.Kamaal. All rights reserved