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DDU Trade Terms-Shipping Terms-DDU International

by:VIPUTRANS     2020-05-28
In trade terms, DDU (DeliveredDuty Unpaid) is translated as: unpaid delivery (designated destination), which is applicable to various modes of transportation (and when the goods are delivered on the ship or dock at the port of destination, DES or DEQ should be used the term). The DDU trade term refers to the seller handing over the goods to the buyer at the designated destination, without going through the import formalities, or unloading the goods from the delivery means of delivery, that is, the delivery is completed. The seller shall bear all the risks and costs of transporting the goods to the designated destination, excluding any 'taxes' (including the responsibilities and risks of customs procedures and the payment of customs duties when importing in the destination country when customs procedures are required) Handling fees, customs duties, taxes and other expenses). The buyer must bear the 'taxes' and the costs and risks caused by the failure to import goods in time for customs clearance procedures. DDU trade terms In trade terms, DDU (DeliveredDuty Unpaid) is translated as: unpaid delivery (designated destination), which is applicable to various modes of transportation (and when the goods are delivered on the ship or dock at the port of destination, DES or DEQ should be used the term). The DDU trade term refers to the seller handing over the goods to the buyer at the designated destination, without going through the import formalities, or unloading the goods from the delivery means of delivery, that is, the delivery is completed. The seller shall bear all the risks and costs of transporting the goods to the designated destination, excluding any 'taxes' (including the responsibilities and risks of customs procedures and the payment of customs duties when importing in the destination country when customs procedures are required) Handling fees, customs duties, taxes and other expenses). The buyer must bear the 'taxes' and the costs and risks caused by the failure to import goods in time for customs clearance procedures. Buyer and seller obligations Seller: 1. The seller must bear all the costs and risks of the shipment to the designated destination, except for import procedures and customs duties, including the cost of unloading. 2. The seller must provide the goods and commercial invoices or equivalent electronic information that meet the requirements of the sales contract, as well as other documents that may be required by the contract to prove that the goods comply with the contract. 3. The seller must enter into a transportation contract at his own expense to transport the goods to the designated destination. If there is no agreement or the specific delivery point cannot be determined according to convention, the seller can choose the delivery point that is most suitable for his purpose at the destination. 4. The seller must deliver the goods that have not been unloaded on the delivery vehicle to the buyer or another person designated by the buyer at the designated destination within the agreed date or delivery period. 5. In addition to the regulations, the seller must bear all risks of loss or damage of the goods until they have been delivered in accordance with the regulations. 6. The seller must give the buyer sufficient notice about the shipment of the goods, as well as any other notices required, so that the buyer can take the normally necessary measures to receive the goods. 7. The seller must pay the inspection fee (such as the cost of checking the quality of the goods, measurement, weighing, and points) for the delivery required. buyer: 1. The buyer must pay the price in accordance with the sales contract. 2. The buyer must obtain any import license or other official license or other documents at his own risk and expense, and go through all customs procedures required for the import of goods when customs procedures are required. 3. The buyer must receive the goods when the seller delivers according to the regulations. 4. The buyer must bear all risks of loss or damage of the goods from the time of delivery according to the regulations. 5. The buyer must pay all costs related to the goods from the time of delivery in accordance with the provisions; and if the buyer fails to perform the prescribed obligations, or fails to give notice in accordance with the provisions, all additional costs incurred, but the goods have been Formally assigned to the contract, that is, clearly marked or otherwise determined as the limit of the goods under the contract; and when customs procedures are required, the customs formalities required for the import of goods and all customs duties, Taxes and other expenses and the cost of continuing transportation. 6. Once the buyer has the right to decide the time within the agreed period or the point of receipt of the goods at the designated port of destination, the buyer must give the seller sufficient notice. 7. Once the buyer has the right to decide the time within the agreed period or the point of receiving the goods at the designated port of destination, the buyer must give the seller sufficient notice.
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