What is DPU trade terms

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What is DPU trade terms

DPU Incoterms (Delivered At Place Unloaded) rule is one of the 11 Incoterms defined by the International Chamber of Commerce (ICC). Under DPU, the supplier's obligation is fulfilled by delivering the goods to the named place of destination and unloading them. The risk transfers to the buyer after the goods are unloaded.

Brief

DPU requires the seller to deliver the goods at the disposal of the buyer after they’ve been unloaded from the arriving means of transport.

The buyer and seller should specify and agree upon a named place of destination.

DPU requires the seller to clear goods for export, where applicable, without any obligation to clear the goods for import, pay import duty or carry out import customs formalities.

Seller’s Obligations

Goods, commercial invoice and documentation

Export packaging and marking

Export licenses and customs formalities

Pre-carriage and delivery

Loading charges

Main carriage

Delivery at named place of destination

Unloading charges

Proof of delivery

Cost of pre-shipment inspection

Buyer’s Obligations

Payment for goods as specified in sales contract

Import formalities and duties

Cost of import clearance pre-shipment inspection

Onward carriage and delivery to buyer (depending upon named place)

Duties paying

Under DPU, the seller is responsible for clearing export customs, carriage to the final destination, and unloading at the destination. The buyer must pay for import fees and duties, arrange import clearance, and pay for cargo insurance.

The differences between DDP and DPU

In DDP, the seller assumes the responsibility and cost of clearing the goods for export and import, in addition to paying all related duties and taxes. In DPU, the seller is only responsible for export clearance, while the buyer is responsible for import clearance and all associated costs