Group D | IGCC LOGISTICS GROUP
DDP
Delivered Duty Paid (... named place of destination)
Title and risk pass to buyer when seller delivers goods to named destination point. This destination point can be a warehouse of buyer or a project site. The seller is responsible for cargo insurance, import customs clearance, payment of customs duties and taxes at the buyer’s end. The seller can opt not to insure the cargo at his/her own risks.
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DAP
Delivered At Point (... named point of destination)
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DAT
Delivered At Terminal (... named terminal of destination)
Title, risk and responsibility for import clearance pass to buyer when delivered to named terminal destination by seller.
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