Wednesday, November 11, 2009

Delivered Duty Paid-DDP

Delivered Duty Paid-DDP

DDP-What is the DDP DDP is the "2000 General" contains 13 kinds of trade in terms of the seller to take risks, responsibilities and costs are greatest for a term. Specifically means that the seller is responsible for the goods from origin to have been transported to the importing country under the contract specified destination, the goods are actually handed the hands of the buyer, not be completed until delivery. The seller must bear the goods to the named place of destination of all the risks and costs, including customs formalities required to be paid at the destination of any "tax" (including customs procedures, responsibilities and risks, and to pay fees, customs duties, taxes and other costs). EXW term represents the minimum obligation for the seller and the seller, DDP bear the greatest responsibility. If the seller is unable directly or indirectly, to obtain the import license, you should not use this terminology. However, if the parties wish to pay any import when all costs (such as value-added tax) from the seller's obligation to exclude, it should be clearly stated in the sales contract. If the parties wish the buyer to bear the risks and costs of imports, the term DDU should be used.

DDP-DDP in the obligations of buyers and sellers

This term applies to a variety of modes of transport, but when the cargo ship in the port of destination or pier delivery, the DES or DEQ terms should be used.

A seller's obligation to B THE BUYER'S OBLIGATIONS A1 conformity with the contract to provide goods The seller must deliver the goods under the sales contract and the commercial invoice, or its equivalent electronic message, as well as the contract may be required to prove that the goods in line with other documents stipulated in the contract. B1 to pay the price The buyer must pay the price in accordance with the provisions of the contract of sale.

A2 permits, other permits and procedures The seller must at his own risk and expense any export license and import license or other official authorization or other documents and, if necessary customs formalities when the goods for export and import, as well as transit through any country all the necessary customs formalities.

B2 Licenses, authorizations and formalities The seller claimed to be by its risk and expense, the buyer must give the seller all the assistance to help the seller when the customs formalities required to obtain the necessary import of the goods import license or other official authorization.

A3 Contracts of carriage and insurance contracts

a) the contract of carriage The seller must at his own expense for the carriage of the goods to the named destination. If no agreement can not be determined by practice, or specific delivery point, the seller may select the most suitable destination for the purpose of the delivery point.

b) insurance contracts No obligation.

B3 Contracts of carriage and insurance contracts

a) the contract of carriage No obligation.

b) insurance contracts No obligation.

A4 Delivery The seller must deliver the agreed date or within the period specified in the delivery of destination means of transport not unloaded the goods to the buyer or the buyer such other person to dispose of.

B4 Taking delivery The buyer must take delivery in accordance with the provisions of the goods when they A4.

A5 Transfer of risks In addition to B5 provided, the goods the seller must bear all risks of loss of or damage, until the required delivery date has been in accordance with A4.

B5 Transfer of risks A4 The buyer must bear in accordance with the provisions of goods from the time of delivery all risks of loss or damage. If the buyer failed to fulfill its obligations under B2, you must bear the resulting loss of or damage to the goods occurred in all the additional risk. If the buyer does not notify the seller in accordance with B7 provided, it must be from the agreed delivery date or the expiry date of delivery, the goods bear all risks of loss or damage, however, that the goods have been duly appropriated to the contract, that is clearly set aside or otherwise identified as the contract of the goods.

A6 Division of costs In addition to B6 regulations, the seller must pay in accordance with A3a) provided the costs incurred, and in accordance with A4 provisions relating to the goods prior to delivery all costs; and when the customs formalities required for export and import of the need to apply the cost of customs formalities , and the export and import of goods shall pay all duties, taxes and other charges, and in accordance with A4 prior to delivery of goods from his country of transit costs. B6 Division of costs The buyer must pay from the time of delivery in accordance with the provisions of A4 from all costs relating to the goods; and if the buyer does not fulfill its obligations under B2, or to give notice in accordance with B7 provided, thus all the additional costs incurred, however, that the goods have been duly appropriated to the contract, that is, clearly set aside or otherwise identified as the contract of the goods.

A7 Notice to the buyer The seller must give the buyer sufficient notice of the shipment of goods, as well as any other notice required in order to be able to receive the goods the buyer is usually to take the necessary measures. B7 notice to the seller Once the buyer the right to decide within an agreed period of time and / or head to Hong Kong at the specified point of taking delivery, the buyer must give the seller sufficient notice this.

A8 Proof of delivery, transport document or equivalent electronic messages The seller must provide the buyer's expense in accordance with A4/B4 taking the goods from the provisions of the bill of lading may be required and / or the usual transport document (for example a negotiable bill of lading, a non-negotiable sea waybill, an inland waterway transport air waybill, a railway consignment note, road Single or a multimodal transport document) to enable the buyer receive the goods in accordance with the provisions of A4/B4. Such as the seller and the buyer have agreed to communicate electronically, the document referred to in the preceding item can be replaced by an equivalent electronic data interchange (EDI) message. B8 Proof of delivery, transport document or equivalent electronic messages The buyer must accept the delivery order in accordance with A8 or the transport documents.

A9 Checking, packaging, marking The seller must pay in accordance with A4 required to carry out the required delivery costs of those checking (such as checking quality, measuring, weighing, counting). The seller must pay costs of delivery of the required packaging (except in accordance with relevant industry practice, the contract referred to in the goods can be delivered without packaging). Packaging is to be marked appropriately.

B9 Inspection of goods. The buyer must pay the costs of any pre-shipment, but the country of export, except the test mandated by the authorities.

A10 Other obligations The seller must pay for access to documents described in B10 or equivalent electronic messages (A8 other than those mentioned) what happened costs, and reimburse the buyer in rendering his assistance costs incurred. Should be requested by the buyer, the seller must provide the buyer with the necessary insurance information. B10 Other obligations Should be the seller's request, risk and expense, the buyer must give the seller all the assistance to help the seller in accordance with these rules will be made for the delivery of the goods the buyer needs, from the importing country issued or transmitted in any documents or equivalent electronic message .