DDP
This query is : Resolved
rama krishna reddy
(Querist)
22 June 2011
WE ARE IMPORTING THE MATERIAL FROM ITALY ON DDP BASIS.
CAN WE PAY THE DUTY FOR CLEARANCE OF THE CONSIGNMENT?
CAN WE PAY THE DUTY FOR CLEARANCE OF THE CONSIGNMENT?
RAMESH KUMAR VERMA
(Expert)
22 June 2011
DDP terms tend to be used in intermodal or courier-type shipments. Whereby, the shipper/seller is responsible for dealing with all the tasks involved in moving goods from the manufacturing plant to the buyer/consignee's door. It is the shipper/seller's responsibility to insure the goods and absorb all costs and risks including the payment of duty and fees.
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