Delivered Duty Paid


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Delivered Duty Paid (DDP)

Seller must supply the goods at his or her own risk and expense to a named place in the country of importation. The seller is responsible for importation, payment of duty, and on carriage to the location agreed upon with the buyer.

Delivered Duty Paid

In international commerce, an agreement between a buyer and a seller stating that the seller is responsible for paying for shipping and all transportation risk up to some agreed-upon delivery point. Of all incoterms, DDP gives the most responsibility to the seller and the least risk to the buyer. It is also called free domicile.
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References in periodicals archive ?
Rules for containerized shipments have been separated by the ICC to minimize risks, namely FCA (free carrier), CPT (carriage paid to place/point), CIP (carriage, insurance paid to place/point), DAT (delivered at terminal), DAP (delivered at place) and DDP (delivered duty paid).
DDP Delivered Duty Paid (...named place of destination)