What is DDP terms of delivery?

DDP - Delivered Duty Paid (named place of destination)

 

Delivered duty paid means that the seller fulfils his commitment to deliver when the goods have been made available at the mentioned place in the country of importation. The seller needs to bear the risks and costs, including duties, taxes and other charges of delivering the goods thereto, cleared for importation.

 

This term is usually used by a buyer who wants the seller to handle all responsibilities involving transportation of goods to the final place i.e, right up to their door.

Whilst the EXW term represents the minimum obligation for the seller, DDP represents the maximum obligation.

This term can be used for Air and Sea transport.

 

Obligation and expenses of seller:-

All responsibilities and charges should incur by seller include Warehouse Services, Export packing, assistance in obtaining any exports licence or other official authorisation, Loading at point of Origin, Origin Inland Freight, Origin Port Charges, Export Customs clearance, Origin Forwarder Fees, Ocean/Air Freight, Destination Port Charges, Import Customs clearance, Import Duties and Taxes Delivery cartage to Final Destination.

 

The risk passes to the buyer from the seller after the goods have been delivered to the destination place i.e at the door step or final place of delivery that mentioned in the contract which is usually the buyer’s place of business.

 

Obligation and expenses of Buyer:-

Pay the price as provided in the contract of sale.


Comments


Emily: DDP Shipping Services are mainly where the seller has to bear the risks and costs, including duties, taxes and other charges of delivering the goods thereto, cleared for importation.

lyn: We are a Trucking and Warehousing company based out of Linden, New Jersey specializing in the move of both import and export containers. I wanted to introduce myself and my company and see if you had any incoming containers that we can help you out with. Whether that be for drayage or our transloading / warehousing/trucking services, we would love to assist in any capacity. As an overview, our services include: Drayage in / out of the NJ NY Terminals - we run 50 owner ops daily We move containers throughout the North East Handling over 200 transloads weekly Our warehouse is FDA approved FBA Distribution Crating / OOG / In Gauge flat rack / Special Equipment Loading / Unloading Specializing in OW freight up to 65k lbs back to our facilities In total, we have over 500k square feet of warehouse space 237k sq ft at 340 S Stiles Street in Linden 144k sq ft at 201 Bay Ave in Elizabeth 120k sq ft at 10 North Ave in Elizabeth Please consider us for anything you think might be in our realm of business! If you have any questions on our capabilities, please do not hesitate to ask. I look forward to hearing from you, and moving some freight together!

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