Tuesday, March 6, 2012

UNDERSTANDING INCOTERMS 2010- DDP (Delivered Duty Paid)

DDP (Delivered Duty Paid)
The seller is responsible for delivering the goods to the named place in the country of importation, including all costs and risks in bringing the goods to import destination. This includes duties, taxes and customs formalities. This term may be used irrespective of the mode of transport.  

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