5 Essential Notes about: DDP Incoterms (Delivered Duty Paid)

DDP Incoterms means that the seller delivers the goods cleared for import ready for unloading on the means of transport at the named place of destination. Under this term the seller bears all the risk and cost up to the named place of destination. The seller arrange all the task and the entire shipment to deliver the goods to the buyer. 1. Is the DDP Incoterms useful in all over the world? – In some countries only the importer companies can clear the goods for import. In such countries freight forwarders can not do custom clearance. The seller to this...