What it means.
Delivered Duty Paid (DDP) means the seller delivers goods to the buyer, cleared for import and ready for unloading at the destination. The seller bears all risks, transport costs, export duties, and destination import taxes/VAT.
01DefinitionInternational Chamber of Commerce (ICC)
Maximum obligation Incoterm where seller delivers goods cleared for import with all duties and taxes paid.
Where it is used.
Used for turnkey door-to-door deliveries where the shipper acts as the importer of record.
Integrated with customs tariff clearance engines to pre-calculate and escrow import VAT and customs duties.
Read it carefully.
Cannot be executed if the seller cannot legally obtain import clearance licenses in the destination country.
- TT-SPEC-ORDER-PROFILE-001