Daily Point 2002 - Delivered Duty Unpaid (DDU)

 

The Banking Tutor

Daily Point 2002

Delivered Duty Unpaid (DDU) 

Delivered Duty Unpaid (DDU) is an old international trade term indicating that the seller is responsible for the safe delivery of goods to a named destination. The seller pays all transportation expenses and assumes all risks during transport. Delivered Duty Unpaid (DDU) isn't included in the most recent 2023 edition of the International Chamber of Commerce's Incoterms. The official term that best describes the function of DDU is now "Delivered at-Place (DAP). 

Sekhar Pariti

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