Logistics terms · Logistics terms
What does DDP (Delivered Duty Paid) mean in logistics?
Short answer
Incoterm for any mode: the seller delivers to the named destination cleared for import, bearing all costs and risks including import duties and taxes. It places the maximum obligation on the seller.
Import clearance in India needs an importer with an IEC, so DDP delivery to an Indian buyer needs a structure in which the seller or its agent can lawfully act as importer. Ask our desk how this applies to your consignment.
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The numbers behind this answer
- Also called
- DDP
- Category
- EXIM & customs
- Related terms
- DAP (Delivered at Place), EXW (Ex Works), IEC (Importer-Exporter Code), Incoterms 2020
Related questions
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