DDP Shipping – A look at  Incoterms® rules

The DDP (“Delivered Duty Paid”) term is one of 11 Incoterms® defined by the International Chamber of Commerce (ICC). Under the DDP term, the seller is responsible for covering all costs of the transport of goods, including customs clearance, import duties, and related fees.

There is a definitive source for DDP shipping rules

What is the official definition of DDP (“Delivered Duty Paid”)? What should you use for you main reference of obligations? Individual and companies should refer to the official Incoterms® 2020 to fully understand the obligation of both the buyer and seller in any international transaction.  

DDP Section in Incoterms® 2020

We recommend getting a copy of Incoterms® 2020 and any parties you are doing business with.

What’s in the DDP shipping section?

The DDP section covers in detail the obligations of both the buyer and seller. Of particular interest to buyers is that “DDP required the seller to clear the goods for export where applicable, as well as for import and to pay any import duty or to carry out any customs formalities.”

Don’t guess if it’s DDP.