Saturday, September 28, 2013

DDP or Delivery cove Duty Paid Incoterm states that the seller must make the goods available to th


DDP or Delivery cove Duty Paid Incoterm states that the seller must make the goods available to the buyer at a prearranged location (buyer cove s factory, warehouse etc.) and is to cover all associated expenses including unloading the goods from the carrier and any customs procedure cove costs and tariff costs that may apply. Under DDP Incoterm, the seller bears full responsibility of cost and risk until the goods have been unloaded at the agreed location.
BUYER S OBLIGATIONS UNDER DDP Delivery of goods and documents required Packaging and wrapping Inland transport in the country of origin Customs at origin Exit charge cove International freight Insurance Arrival expenditures Customs on arrival Payment of fees Inland transport at the destination country (depending on agreed location)
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