Name: Juan Izurieta
Topic: “INCOTERMS OF GROUP D”
Five terms in the Integrate, left by the seller all costs and risks involved in transporting goods tothe destination country
DAF “DELIVERED AT FRONTIER” (handed at the border).
The seller fulfills his obligation when, once dispatched the goods to customs for export delivery at the point and place ofthe border, before passing the customs border of the neighboring country and without liability to discharge. Es de vital importancia que sea definido con precisión el "término" frontera. It is vitalto be precisely defined "term" frontier.
DES “DELIVERED EX SHIP” (delivered on the ship).
The merchandise is set by the seller to the buyer on board the vessel at the port of destination, withoutbeing cleared for the import. The seller bears the costs and risks of transporting the goods to the port of destination, but not downloading. Only used when the transport is by sea.
DEQ "DELIVERED EXQUAY” (delivered in spring)
The seller fulfills his obligation to deliver when he makes the goods available to the buyer on the quay and once unloaded in the port of destination. This term is the buyerrequired to perform the customs clearance of goods for import. It’s only used in shipping.
DDU "DELIVERED DUTY UN PAID" PAID (delivered duty unpaid)
The seller delivers the goods to the buyer atthe named place in the country of the buyer, not cleared for customs import and not unloaded from any means of transport at arrival at that place. El término DDU puede utilizarse en cualquier medio detransporte. The term DDU can be used in any means of transport.
The seller must bear all costs and risks involved in bringing the goods to the named place. The buyer must pay any additional costs andbear the risks for failure to clear the goods for import in time.
DDP “DELIVERED DUTY PAID" (delivered duty paid)
In this term the seller delivers the goods to the buyer, cleared for import and...