DDP - Delivered Duty Paid
Title and risk pass to buyer when seller delivers goods to the named destination point cleared for import. Used for any mode of transportation.
Seller: The seller is responsible to make the goods available to the buyer at his risk and cost as promised by the buyer. All the Taxes and duty on importation is promised by the buyer to the seller.
Buyer: The buyer is responsible to take delivery at a nominated place and pays the expenses for unloading of goods. |