Saturday, March 1, 2014

What is ddu shipment?

What is ddu shipment?
DDU (Delivered Duty Unpaid)
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 failure to clear the goods for in time.

No comments:

Post a Comment