Delivered Duty Unpaid (DDU)

 
Export dictionary


Delivered Duty Unpaid (DDU)

DDU is a type of foreign trade where the seller fulfills his responsibility of making a safe delivery of goods or services to a named location, paying all shipping costs and bears all risks during shipping apart from the duty once it arrives the port.

When the goods or services get to the destination as agreed upon, the buyer becomes liable for paying the customers clearing expenses and other duty and if he fails to do this, he will bear the consequences. The seller assumes the cost and risks related with the supplying of goods to the delivery location.

This entry in dictionary was updated on September 28, 2018 by Tanushka.