DDP (Delivered duty paid) means that the seller fulfils his obligation to deliver when the goods have been made available at the named place in the country of importation. The seller has to bear the risks and costs, including duties, taxes and other charges of delivering the goods thereto, cleared for importation. Whilst the EXW term represents the minimum obligation for the seller, DDP represents the maximum obligation. This term should not be used if the seller is unable directly or indirectly lo obtain the import licence. The following DDP price calculation is based on the following formula:
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First, many thanks for the splendid information you are sharing!
I believe there is a typing error your form. I guess you meant "Freight to Named Port" instead of "Freight to Famed Port"
i am importer i need to know how i make calculation for DDP price for my clients thanks