Delivered Duty Unpaid

Delivered Duty Unpaid

Delivered Duty Unpaid (DDU) is an Incoterm. It means that the seller delivers the goods to the buyer to the named place of destination in the contract of sale. The goods are not cleared for import or unloaded from any form of transport at the place of destination. The buyer is responsible for the costs and risks for the unloading, duty and any subsequent delivery beyond the place of destination.

However, if the buyer wishes the seller to bear cost and risks associated with the import clearance, duty, unloading and subsequent delivery beyond the place of destination, then this all needs to be explicitly agreed upon in the contract of sale.

The term is used irrespective of the mode of transport. However when the delivery is to take place at the port of destination, either on board the vessel or on the quay, then the terms DES or DEQ shall be used.


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Delivered Duty Unpaid — ( DDU) Seller fulfills the contract obligations when the goods have arrived at a named place in the importing country. The seller bears all the costs and risk except for import duties and other customs clearance costs. Bloomberg Financial… …   Financial and business terms

  • Delivered Duty Unpaid — DDU est un Incoterm qui signifie Delivered Duty Unpaid Dans cet incoterm, le vendeur paie tous les coûts de transport et supporte tous les risques jusqu à ce que les marchandises arrivent à la destination non déchargées, mais ne paie pas les… …   Wikipédia en Français

  • Delivered Duty Unpaid — Области действия терминов Инкотермс. DDU (англ. Delivered Duty Unpaid букв. «доставлено, пошлина не оплачена») термин Инкотерм …   Википедия

  • Delivered Duty Unpaid — noun Meaning the seller delivers the goods to the named destination, and pays for all transportation expect for the unloading, duty and the further transportation to a named place in the country of import, which is the responsibility of the buyer …   Wiktionary

  • Delivered Duty Unpaid - DDU — A transaction in international trade where the seller is responsible for making a safe delivery of goods to a named destination, paying all transportation expenses but not the duty. The seller bears the risks and costs associated with supplying… …   Investment dictionary

  • Delivered Duty Unpaid — Named Place of Destination, ⇡ DDU …   Lexikon der Economics

  • unpaid — UK US /ʌnˈpeɪd/ adjective ► ACCOUNTING used to describe a debt, tax, etc. that has not been paid: unpaid debt/fines/taxes » The oil giant s accounts were frozen by authorities seeking to recover $3.4bn in unpaid taxes. unpaid… …   Financial and business terms

  • Delivered Ex Quay — ( DEQ) Seller fulfills the contract obligations to deliver when the goods are made available to the buyer at the wharf of the destination port. A DEQ can further specify Duty Paid or Duty Unpaid. If Duty Paid is specified, the seller is… …   Financial and business terms

  • Delivered Ex Quay - DEQ — In international trade, a contract specification where the seller must deliver the goods to the wharf at the destination port. Delivered ex quay may be noted as having duty paid or unpaid. If it is marked as paid, the seller is responsible for… …   Investment dictionary

  • DDU — • Delivered Duty Unpaid …   Maritime acronyms and abbreviations

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”