CARM: What all importers need to know about CARM

Terminology

D

DAT, Delivered At Terminal

Under DAP Incoterms, the seller delivers when the goods, once unloaded from the arriving means of transport, are placed at the disposal of the buyer at a named terminal at the named port or place of destination. The seller bears all risks and costs involved in bringing the goods to and unloading them at the terminal at the named place of destination. (For a complete list of Incoterm definitions including a chart of buyer and seller responsibilities, see Universal’s Incoterms 2010.)

Quick Tip #61
Understand why AMPS is so important

The Administrative Monetary Penalty System (AMPS) was introduced by the Canada Border Services Agency (CBSA) effective October 7, 2002. The master penalty document outlines 181 contraventions and the responsibility for these contraventions has been downloaded to the Canadian importers and exporters.

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