WHAT IS DAT
WHAT IS DAT DAT stands for “Delivered at Terminal” and like Dap it is also a new incoterm that has been incorporated or rather it has replaced two old incoterms in the latest version of incoterms i.e incoterm 2000. It has replaced the now outdated DES (Delivery at Ship) and DEQ (Delivery at Quay) incoterms. DAT incoterm is used where there is more than one transport mode. In this incoterm the seller is obliged to arrange for carriage and for delivering the goods, unloaded from the arriving conveyance, at the named place. It is to note that the difference between DAT and DAP is that in DAT the seller is responsible for unloading the goods at the named place and in DAP the seller is not under any such obligation. Once the goods have been unloaded the risk transfers from the seller to the buyer. The seller’s oblig...