Delivered Duty Paid - DDP

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What does 'Delivered Duty Paid - DDP' mean

Delivered duty paid (DDP) is a transaction in which the seller must pay for all of the costs related to transporting the goods and is responsible in full for the goods until they have been received and transferred to the buyer. This includes paying for the shipping, the duties and any other expenses incurred while shipping the goods.

BREAKING DOWN 'Delivered Duty Paid - DDP'

This type of delivery agreement places all of the risks and costs with the seller of the good until delivery is made. If the goods are damaged or lost in transit, the seller will be responsible for the costs.

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RELATED FAQS
  1. What are the legal regulations on delivery duty paid?

    Understand the legal requirements for delivery duty paid, as well as how responsibilities can shift between buyers and sellers ... Read Answer >>
  2. Is there a way to insure delivery duty paid?

    Learn about the relationship between insurance and delivery duty paid (DDP), and find out how DDP compares with other Incoterms. Read Answer >>
  3. Is there a way to profit from arbitrage trades on delivery duty paid?

    Find out about the relationship between arbitrage and Delivery Duty Paid (DDP). Learn more about incoterms and arbitrage ... Read Answer >>
  4. Are the laws on delivery duty paid different in every country?

    Learn about the differences in delivery duty paid (DDP) between countries. Find out how some countries implement regulations ... Read Answer >>
  5. Are there international maritime laws that govern delivery duty paid?

    Learn about the interaction of international maritime laws and delivery duty paid. Find out more about the distinguishing ... Read Answer >>
  6. What kinds of costs are included in Free on Board (FOB) shipping?

    Find out about free on board shipping, the obligations of parties involved and the costs parties must assume in free on board ... Read Answer >>
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