DDP, Delivery Duty Paid (…named place of destination), is a term included into the Incoterms, the international trade regulations system. The DDP terms mean that the seller’s responsibility terminates at the moment when the cargo is delivered to the agreed location in the customer’s country. All risks and costs connected with cargo delivery (taxes, dues, etc.), liability for the goods’ damage and loss including duties and other payments paid for import are borne by the seller who is also responsible for customs clearance. The agreement may also contain provisions releasing the seller from the obligation to pay for certain additional procedures; this type of responsibility distribution may be used regardless of the delivery type. If the parties agree that certain costs implied by DDP terms and subject to payment for import (such as VAT (value added tax)) are excluded from the seller’s obligations, this provision should be expressly included into the sale contract. But if the parties wish that the customer takes over all risks and costs connected with the cargo’s import, DDU terms should be applied instead of DDP. DDP terms may be applied regardless of the transport type, but when the goods are delivered on board or on berth at the destination port, DES or DEQ terms should be applied.
DDP is mainly intended for foreign suppliers. Such terms may not be applied if the seller cannot obtain an import license directly or indirectly. We can help arrange not only the package of services for the goods’ delivery but also obtaining a declaration, conformance certificates (including technical regulations conformance), state regulation certificate, registration certificates, exemption letters.<.p>
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