x Do you need to carry out a fast goods delivery process with simple procedures?
x Are you still confused and vague about the concept of DDP conditions and what are the obligations for the seller and the buyer?
x And you need to find an intermediary partner to support the process of delivering goods to the correct location?
All issues that you are concerned about or have questions about will be answered by professional freight unit in the most rigorous and complete way, helping both the seller and the buyer clearly understand all the obligations and responsibilities they need. implementation, especially firmly grasping the concept of what DDP is in freight forwarding. We at Proship.vn are also one of the units that receive loading, unloading, shipping & door-to-door delivery upon request, receiving trust from many partners, customers and domestic businesses.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
What are DDP conditions?
What is DDP in freight forwarding? DDP (Delivered Duty Paid) is an Incoterm term, meaning delivery of goods cleared for import, the seller delivers when the goods are placed at the disposal of the buyer, cleared for import, on means of transport arriving and ready to unload at the named place of destination.
The seller bears all costs and risks involved in bringing the goods to the destination and is obliged to clear the goods, not only for export but also for import, pay taxes, fees and carry out other formalities. procedures for export customs clearance and import customs clearance.
Sellers and buyers should carefully consider indicating the most accurate delivery location, because:
- This is both a place to transfer risks and a place to transfer costs between the seller and the buyer
- The seller must make a contract to hire a transport unit to take the goods to the place of delivery and unload the goods, so this location is as clear as possible.
In case the seller is not able to carry out import procedures, it is better to consider choosing DPU or DAP terms.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
Detailed information about DDP conditions in general freight forwarding
DDP conditions with detailed information on obligations for the seller and buyer are specified as follows in Incoterm 2020:
Costs must be borne by the parties
Seller bears:
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- All costs related to transportation of goods until delivery
- Expenses for export and import procedures
- The cost of unloading the goods at the delivery point if it is included in the transport contract
- The costs of obtaining necessary documents for import can be asked by the buyer but must bear these costs.
Buyer bears:
- All costs related to the goods from the time of receipt
- Pay for the goods to the seller
- Unloading costs if this cost is not included in the transportation contract signed by the seller
- All costs incurred by the seller if the buyer does not promptly assist in obtaining necessary documents to serve the seller's export and import procedures or does not accurately notify the time and location of receipt of goods. .
Seller's obligations:
- Sign a transportation contract to bring the goods to the specified destination
- Packing, marking and counting goods
- Carry out procedures for exporting goods
- Carry out import procedures for goods
- Delivery accompanied by commercial invoice and other documents specified in the contract at the specified location and time
- Bear all risks and costs until the goods are delivered.
Buyer's obligations:
- Pay for goods according to the commercial invoice of the shipment
- Notify the seller about the time and location of readiness to receive goods
- Help sellers obtain necessary documents for customs clearance
- Receive goods at the location and time as contracted
- Take all responsibility for the goods from receipt
- The buyer does not need to purchase insurance, but if the seller requires information necessary to purchase insurance, the buyer must bear the risk and expense of providing this information to the seller.
About the delivery of goods
Under DDP Incoterms 2020, delivery of goods is considered complete when the seller brings the goods to the point of delivery, at the buyer's disposal, cleared for import and ready for unloading.
Cargo insurance in DDP Incoterms 2020
Neither party is obliged to purchase cargo insurance under DDP Incoterms 2020.
Proship.vn – The most professional and quality fast shipping and forwarding unit
Today, as the economy develops more and more, customer demands for product and service quality also increase. For service industries that are time-specific, such as the freight forwarding industry, satisfying customers with the services the company provides is extremely important. Time commitments, competitive prices and best customer service always require a strict freight forwarding process to transport goods to the correct location.
Proship's freight service helps shippers not have to worry about any problems related to delivery, quickly expand the network through consignees, and conveniently deliver goods directly to customers. customers in the most professional, quality and effective way.
Currently, Proship.vn provides the following service packages to provide maximum support to customers:
- Fast delivery package : Receive orders from 8am to 12pm, orders after requested time will be delivered the next day.
- Super speed package : Delivery within 1h-3h from receipt of order. Delivery time is from 8:00 am to 3:00 pm.
- Same day package : Goods are delivered the next day after receipt (12:00 - 36:00).
- Economy package: Goods are delivered within 2-3 days from receipt.
- Night package : Delivery within 1h-3h from receipt of order. Delivery time is from 6:00 p.m. to 9:00 p.m.
Notes when using DDP Incoterms 2020 conditions
Now that you have a better understanding of the concept of DDP conditions, you also need to identify a few things to keep in mind - DDP is the same as other conditions such as: Delivered at factory (EXW), Delivered at terminal (DAT), Delivered to carrier (FCA), Delivered at Destination (DAP), Delivered Duty Paid (DDP), Free on Board (FOB), Free Alongside Ship (FAS), the designated place is the place where delivery takes place. and also where risk transfers from seller to buyer. Therefore, it is necessary to specify the place or port most accurately when agreeing on delivery terms in the contract.
Incoterms 2020 conditions are chosen to be effective when the parties specify a place or port and it will be optimal if the parties specify that place or port exactly, thus avoiding disputes between the two parties. regarding the final delivery location.
The most accurate, fully updated information in the Incoterms 2020 regulations that Proship has just updated above, hopefully will help you better understand the definition of what DDP conditions are, and the role DDP plays. What are the obligations of the seller and buyer to apply the correct implementation? If you have any concerns or questions about the system of 11 basic Incoterms conditions, please contact Proship.vn via hotline 0909 344 247 for further support and answers. In case you need door-to-door transportation and delivery services, we will help you meet all your requirements.
Shipping contact hotline:
Ms Tien: 0909 986 247
Ms Dung: 0939 999 247
Ms Duy: 0902 581 247
