DDU in Transportation Meaning
The DDU meaning in Transportation terms is "Delivered Duty Unpaid". There are 2 related meanings of the DDU Transportation abbreviation.
DDU on Transportation Full Forms
- Delivered Duty Unpaid Previous term from Incoterms 2000 eliminated from Incoterms 2010. A Term of Sale where the seller fulfills his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the costs and risks involved in bringing the goods thereto as well as the costs and risks of carrying out customs formalities. The buyer has to pay any additional costs and to bear any risks caused by failure to clear the goods for in time.
- Deliver Duty Unpaid
Frequently Asked Questions (FAQ)
What does DDU stand for Transportation?
DDU stands for Delivered Duty Unpaid in Transportation terms.
What is the shortened form of Deliver Duty Unpaid in Transportation?
The short form of "Deliver Duty Unpaid" is DDU for Transportation.
Citation
DDU in Transportation. Acronym24.com. (2021, March 5). Retrieved May 16, 2024 from https://acronym24.com/ddu-meaning-in-transportation/
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