Categories: Incoterms 2010

The term Delivery Duty Paid, known with the acronym D.D.P., establishes that all transport expenses until the agreed destination, as well as the expenses for obtaining licences and documentation for export from the country of origin and whose for export customs operations. The sender must also bear the costs derived from crossing other countries until the destination and the customs operations in the country of arrival, including the settlement of all charges pending on the goods in the country of destination. Usually a clause is agreed in which the buyer must bear the VAT whereas the seller must bear the duty and any other tax.The wording of this delivery term is considered complete with the indication of a specific place (example D.D.P. Lugano).