DDP Trade Terminology
DDP Trade Terminology Interpretation DDP: after tax delivery. means that the seller at the designated destination, complete the import customs clearance procedures, the delivery of goods not yet unloaded on the means of delivery to the buyer, complete the delivery. Application of DDP trade terms: he term applies to non-stop transportation, but DAP term should be used when the goods are delivered on board or at the port of destination. DDP costs who bear: the seller must bear all the risks and costs of shipping the goods to the designated destination, including any "taxes and fees" that should be paid at the destination when customs formalities are required (including the responsibilities and risks of handling customs formalities, and the payment of handling fees, duties, taxes and other fees).