DAT – Delivery at Terminal (named terminal at port or Place of Destination)
Delivery at Terminal, the seller clears the goods for exports and is responsible until the products have arrived and unloaded from the means of transport, at named terminal on destination. Insurance cost is paid by the seller under DAT terms up to the destination terminal specified in the contract. Terminal can be understood as quay, warehouse, container yard or any road for rail, air or road. The goods must be unloaded and it is essential to specify clearly the name of the terminal in detail.
This term can be used for Air and Sea transport.
Obligation and expenses of seller:-
All responsibilities and charges should incur by seller include Warehouse Services, Export packing, assistance in obtaining any exports licence or other official authorisation, Loading at point of Origin, Origin Inland Freight, Origin Port Charges, Export Customs clearance, Origin Forwarder Fees, Ocean/Air Freight, Destination Port Charges for unloading.
The seller bears all risks involved in bringing the goods to and unloading them at the terminal at the named port or place of destination. Then the risk passes to the buyer to take delivery of goods to buyer’s premises.
Obligation and expenses of Buyer:-
All responsibilities and charges must incurs by Buyer includes Import Customs clearance, Import Duties and Taxes, Delivery cartage to Final Destination.
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