Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the meaning of DDP shipment in import?

user-image
Question added by John Kennedy Innasi Muthu , Accounts Specialist , Sheraton Hotel
Date Posted: 2013/11/08
Rami Abdulla Ali Katee
by Rami Abdulla Ali Katee , Logistics Officer , ICRC International Committee of the Red Cross

Incoterms2010 rule

DDP : Delivered Duty Paid ( named place of destination )

Seller responsible for delivering goods, cleared for import and all taxes and duties paid.

 

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

Delivered Duity Paid

the seller delivers the cargo cleared form import to the buyer at destination .the seller bears all costs and risks of moving the cargo to destination , including the payment of customs duties and taxes

Rehab Mohamed
by Rehab Mohamed , Import & export , Bernasos Stationery

it's incoterms defination mean : Delivered Duity Paid ------- this mean deliver goods to buyer door including pay ocean freight , insurance and duities 

Mohamed samhan
by Mohamed samhan , Sr. Supply Chain Planner , Hitachi Rail STS

“Delivered Duty Paid” means that the seller delivers the goods when the goods are placed at the disposal of the buyer, cleared for import on the arriving means of transport ready for unloading at the named place of destination. The seller bears all the costs and risks involved in bringing the goods to the place of destination and has an obligation to clear the goods not only for export but also for import, to pay any duty for both export and import and to carry out all customs formalities.

elfatih mohamed ali Ali
by elfatih mohamed ali Ali , Procurement and Logistic Officer , Sudanese Microfinance Development Facility SMDF

This means  Delivery Duty Paid  which contrary  DDU  which mean Delivery Duty Unpaid

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.