Date: 2013-08-05

What Does Delivered Duty Unpaid - DDU Mean?

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 the good to the delivery location, where the buyer becomes responsible for paying the duty and other customers clearing expenses

Investopedia explains Delivered Duty Unpaid - DDU

Incoterms, like DDU, are contract specifications outlining who bears the costs and risks of international transactions. Some incoterms specify where in the transaction process the delivery risks shift from seller to buyer, while others determine who incurs expenses.

 

( liyy )12 Oct,2010

Previous: Counter Trade
Next: COMMERCIAL INVOICE FORMS & TEMPLATES

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
22232E2K NACHI	160	290	80
22232EK NACHI	160	290	80

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.