delivered duty unpaid
delivered duty unpaid. A mercantile-contract term allocating the rights and duties of the buyer and the seller of goods with respect to delivery, payment, and risk of loss, whereby the seller must (1) clear the goods for export, (2) bear the costs of carriage (apart from unloading charges and import duties), and (3) make the goods available to the buyer onboard the carrier at the destination. • The seller’s delivery is complete (and the risk of loss passes to the buyer) when the seller’s carrier arrives at the agreed destination. The buyer is responsible for all import duties. This term is generally used when the delivery place is on land, but it places no explicit restrictions on the mode of carriage. If the delivery point is a port and delivery is complete either onboard or alongside the vessel, the term delivered ex ship or delivered ex quay is preferred. — Abbr. DDU. Cf. DELIVERED DUTY PAID ; DELIVERED EX SHIP; DELIVERED EX QUAY.
