SECTION 1: INTRODUCTION

SECTION 2: OBLIGATION
(BUYER AND SELLER)

SECTION 3: COST & RISK

Today’s
Outline SECTION 4: Q/A
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THÀNH VIÊN NHÓM:
Mai Mạnh Tuấn
Nguyễn Minh Khoa
Bùi Gia Bảo
 INCOTERMS DDP:
DELIVERED DUTY PAID

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“ The most important consideration for DDP terms is
that the seller is responsible for clearing the goods
through customs in the buyer's country, including
both paying the duties and taxes, and obtaining
the necessary authorizations and registrations
from the authorities in that country

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The seller is responsible for
delivering the goods to the
named place in the country of
the buyer, and pays all costs
in bringing the goods to the
destination.

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OBLIGATIONS
OF SELLER 6
 Seller’s Obligations include:

 Preparing goods and  Proof of delivery

document  Payment for import
 Book ship and pay the formalities and duties
freight  Delivery to named
 Export licenses and place of destination
custom formalities  Providing documents
 Main carriage for the buyer

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OBLIGATIONS
OF BUYER 8
Buyer’s Obligations include:

 Payment for goods

 Assist the seller in obtaining any
documents or infomation to clear
export and import

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COSTS AND RISKS

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 COSTS
The costs of the seller
The seller pay all the cost until
delivery. Transport and loading.
Unloading charges only if related
to the contract of carriage. Cost of
delivery/transport document.
Duties and taxes for the export
and import
The costs of the buyer
The buyer pay from the time
goods delivered. Any additonal
cost if does not notify the time
for taking delivery or fails to
assist the seller for import
clearance
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The risks of the seller The risks of the buyer
The seller assumes all the All the risk of loss/damage from
risk of loss/damage until the time or end of the period
the goods has been agreed for delivery. If the buyer
delivered fails to assit the import clearance,
the risk is under the buyer
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QUESTIONS

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1. What is the seller's responsibility apart
from shipping the goods to the final
destination?

A Drawing up sales contracts and related documents

B Meeting all import and export requirements
C Paying for all import and export duties and taxes
D All are corrtect 14
2. According to DDP Incoterms 2010, who
will be responsible, when the goods break
down on the way of transportation ?

A Buyer
B Seller
C Intermediary
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THANKS!

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