What is the payment method of DDP?

It is CIF + customs clearance of the other party + delivery to the destination designated by the other party, that is, your customer is waiting for you to deliver the goods to him at home.

All costs such as DDP, that is, customs duties, etc., are borne by the seller in full!

DDP Delivered Duty Paid or DP Doc Against Payment.

Sea freight, delivery fee, port of destination miscellaneous charges, customs clearance fee, tax (tax bars are reimbursed).

DDP, English full name is Delivered Duty Paid, (named place of destination) Chinese name is Delivered After Tax. （…Specify the destination).

Delivered Duty Paid (....)"Designated destination" means that the seller completes the import customs clearance formalities at the designated destination, and delivers the goods that have not been unloaded on the delivery means of transport to the buyer.

Seller must assume all risks and costs of transporting the goods to the named destination, including any "taxes" payable at the destination in the event of customs formalities (including responsibility and risk for customs formalities, and payment of handling fees, duties, taxes and other charges).

The buyer bears the maximum liability under the EXW terminology, while the seller bears the maximum liability under the DDP terminology.

This term should not be used if the seller is unable to obtain an import licence directly or indirectly.

However, if the parties wish to exclude from the seller's obligations all costs (e.g. VAT) payable at the time of any importation, this should be clearly stated in the sales contract. If the parties wish the buyer to bear the risks and costs of importation, the DDU terminology should be used.

The term applies to a variety of modes of transport, but DAP terminology should be used when the goods are delivered on board a ship or terminal at the port of destination.

Precautions. (1) Under the DDP's delivery conditions, the seller delivers the goods at the designated destination after completing the export customs clearance formalities, which is in fact the seller has transported the goods into the importer's domestic market. If the seller has difficulty in going through the import formalities directly, the buyer can also be asked to assist in the process.

If the seller is not able to obtain an import permit or go through import formalities, either directly or indirectly, the DDP term should not be used.

2) If the parties wish to exclude from the seller's obligations certain costs to be paid when the goods are imported, such as VAT, they should add a phrase to this effect, such as "delivered after duty paid, VAT unpaid (inserted at the specified destination)" to make it clear.

3) The buyer is responsible for unloading the goods from the arriving means of transport at the named destination, but the seller guarantees that the goods are available for unloading. When entering into the contract of carriage, the seller shall pay attention to the coordination of the place of delivery with respect to the contract of carriage and the contract of sale, and if the seller incurs the cost of unloading the goods at the named place in accordance with the contract of carriage, the seller shall not be entitled to claim reimbursement from the buyer unless otherwise agreed by the parties.

4) Since the seller bears the risk of delivery at a particular place of delivery, the buyer and the seller should specify as clearly as possible the delivery address at the specified destination, preferably to a specific point within the specified destination. If no specific point of delivery is agreed upon or that point of delivery cannot be determined, the seller may choose the point of delivery that best suits its purpose at the specified destination.

5) The seller has no obligation to enter into an insurance contract with the buyer, but since the risk of the entire transportation process is borne by the seller, the seller usually avoids the risk of transportation of the goods by taking out insurance.

The above content reference: Encyclopedia - DDP

West Coast Ports: DDU - Customs Clearance Fee, Document Fee, Document Exchange Fee; If it is the Port of Los Angeles or the Port of Long Beach, in addition to the towing fee, there is also a port pass fee (pier).

passfee) and air cleaning fee (air

cleanfee);DDP - To the cost of the ddu above, add the following fees:1

harbor

mantainence

FEE (Port Maintenance Fee, hereinafter referred to as HMF).

processing

FEE (Cargo Handling Fee, hereinafter referred to as MPF).

Bondfee – This fee is available as an annual fee and as a one-time fee.

duty