International trade transactions

International Trade Transactions
INCOTERMS 2010

GROUP D : DELIVERED AT TERMINAL (DAT)
 Definition: This term means that the seller covers all the costs of transport (export fees,
carriage, insurance, and destination port charges) and assumes all risk until after the goods are
unloaded at the terminal.
 “Terminal” includes any place, whether covered or not, such as a quay, warehouse, container
yard or road, rail or air cargo terminal.
 The buyer covers the cost of transporting the goods from the terminal or port to final
destination and pays the import duty/taxes/customs costs.
 The seller assumes a large portion of the risks and costs of transport. This term applies to any
mode of transport

 Delivery Condition: The seller delivers when the goods, unloaded from the arriving means of
transport, are placed at the disposal of the buyer at a named terminal at the named port
or place of destination. "Terminal" includes any place, whether covered or not, such as
factory, warehouse, container yard or road, rail or air cargo terminal (address).

 Point of Risk Transfer: Specific point within the named terminal at port or place of
destination

 Point of Cost Transfer: Specific point within the named terminal at port or place of
destination

 Packaging: Seller’s responsibility and cost
 Export Clearance & Security: Seller’s responsibility and cost
 Inspection: Seller’s responsibility and cost, only if the inspection is mandated by local
authorities

 Loading: Seller’s responsibility and cost

 Carriage: Seller’s responsibility and cost up to the Terminal and Buyer’s responsibility and
cost from the Terminal

 Insurance: No obligation to arrange but buyer’s cost and responsibility if requested


 Import Clearance & Security: Buyer’s responsibility and cost
 Unloading: Buyer’s responsibility and cost, unless unloading in the Terminal cost is included
in the contract of carriage.

 Notification: The Seller timely notifies the Buyer when and where the goods have been
delivered. The Buyer timely notifies the Seller the time and the point of taking goods.

 Documentation: The Seller must provide the Buyer with the document enabling the Buyer to
take the delivery. The Buyer must accept delivery document.