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DEQ DELIVERED EX QUAY (DUTY PAID)

It means that the seller fulfills his obligation to deliver when the goods are placed at the disposal of the buyer on the quay (wharf) at the named port of destination and cleared for import.


The Seller’s Obligations

1.- BILLED GOODS AND NECESSARY DOCUMENTS
2.- PACKING AND PACKAGING
3.- CARRYING (from factory to place of export)
4.- CUSTOMS (documents, permits, requirements, taxes)
5.- EXPORT EXPENSES (handling, storage, customs agent)
6.- FREIGHT (from place of export to place of import)
7.- INSURANCE


The Buyer’s Obligations

8.- IMPORT EXPENSES (handling, storage, customs agents)
9.- CUSTOMS (documents, permits, requirements, taxes)
10.- CARRIAGE AND INSURANCE (from place of import to premises)
11.- DELAYS
12.- PAYMENT OF GOODS


 

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