DDP - Delivered Duty Paid - delivered bringing duty paid - Translation in Romanian: delivered duty paid (... place of destination). French translation: Rendu droits acquittes. Incoterms. Use in contracts for the international sale of goods requires the fulfillment of the term DDP delivery obligations assumed by the seller when the goods have been made available bringing to the buyer at the named place in the country of the importer. bringing Seller also incumbent and bear all risks and costs including duties, taxes and other charges related to the delivery of goods import clearance. It is recommended that this term is not used when the seller has no confidence that will get direct or indirect import license. But its use is compatible with any mode of transport. DDP subsumes the maximum obligation of the vendor, thus the antithesis of EXW that subsumes the minimum obligation for the seller.
Sunday, October 13, 2013
DDP - Delivered Duty Paid - delivered bringing duty paid - Translation in Romanian: delivered duty
DDP - Delivered Duty Paid - delivered bringing duty paid - Translation in Romanian: delivered duty paid (... place of destination). French translation: Rendu droits acquittes. Incoterms. Use in contracts for the international sale of goods requires the fulfillment of the term DDP delivery obligations assumed by the seller when the goods have been made available bringing to the buyer at the named place in the country of the importer. bringing Seller also incumbent and bear all risks and costs including duties, taxes and other charges related to the delivery of goods import clearance. It is recommended that this term is not used when the seller has no confidence that will get direct or indirect import license. But its use is compatible with any mode of transport. DDP subsumes the maximum obligation of the vendor, thus the antithesis of EXW that subsumes the minimum obligation for the seller.
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