DAT stands for Delivered at Terminal…. (named terminal at port or place of destination) Delivery at a designated port or destination means that the seller delivers the goods to the buyer after unloading them at the designated terminal at the designated port of destination or destination. “Terminal” includes any place, whether agreed or not, including docks, warehouses, container yards or road, rail or air cargo terminals. The seller shall bear all risks and costs before the goods are delivered.
DAP terms apply to all modes of transport, including multimodal transport.
1. Seller’s obligations
(1) Deliver the goods at the designated terminal at the time specified in the contract and notify the buyer in a timely manner.
(2) Enter into a transport contract and pay the freight.
(3) Bear all risks and costs before delivery.
(4) Complete export formalities and bear all corresponding expenses. Procedure certificate.
(5) Submit the relevant documents required by the contract, such as commercial invoices, delivery notes, or electronic records with equivalent functions or
2. Buyer’s Obligations
(1) Bear all risks and expenses after delivery.
(2) Obtain import licenses or other official import certificates at its own risk and expense, and handle customs formalities required for the import of goods.
(3) Accept the commercial invoices and other documents submitted by the seller, and receive the goods and pay the purchase price at the time and place specified in the contract.