CPT Incoterms

What does the term CPT Incoterms mean?

CPT delivery term in Incoterms 2010 is decrypted “Carriage Paid To” with an indication the destination place. The dealer will transfer the cargo released in the customs export mode to the carrier.

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What is DDU?

Delivered Duty Unpaid is a transborder commercial term that represents the marketer’s liability for the secure freight delivery to a specified location. Payment of shipping expenses and taking every risk during transportation is also the accountability of the consignor.

The purchaser is answerable for paying import duties and for further shipping charges upon supply to the addressee.

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