DDP – DELIVERED DUTY PAID
SELLER’S OBLIGATIONS
ALMOST EVERYTHING ? CUSTOMS ? TAXES ? - Seller assumes all responsibility until delivery at named place (transport, risk, insurance). Seller also clears for import including assuming local taxes (i.e. VAT...). Question: does seller possess fiscal representation for this?
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BUYER’S OBLIGATIONS
NOTHING ? - Buyer unloads goods at delivery. Buyer does not clear for import, nor has an obligation for fiscal declaration of goods (i.e. VAT...)
SELLER’S OBLIGATIONS
ALMOST EVERYTHING ? CUSTOMS ? TAXES ? - Seller assumes all responsibility until delivery at named place (transport, risk, insurance). Seller also clears for import including assuming local taxes (i.e. VAT...). Question: does seller possess fiscal representation for this?
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BUYER’S OBLIGATIONS
NOTHING ? - Buyer unloads goods at delivery. Buyer does not clear for import, nor has an obligation for fiscal declaration of goods (i.e. VAT...)