20.3 C
London
Wednesday, June 11, 2025
HomeBusiness & FinanceInternational TradeCost Elements in a Delivered Duty Paid (DDP)

Cost Elements in a Delivered Duty Paid (DDP)

Date:

Related stories

Bournemouth Air Festival: A Spectacular Event in a Vibrant Coastal City

Bournemouth, a picturesque seaside town on England's southern coast,...

Designing effective test questions

For designing effective test questions, you first need to...

Happy 2022 everyone, I hope you all have a very lovely year.

I know that I have not been posting anything...

Make More Money By Using Video Marketing

Video Marketing is good for keeping in touch with...

Advertising Your Marketing Ideas And Earning Big Money

Well, you've decided to go into article marketing. That...

For Delivered Duty Paid method 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 including import duties and taxes. The seller is not responsible for unloading. This term is often used in place of the non-Incoterm “Free In Store (FIS)”. This term places the maximum obligations on the seller and minimum obligations on the buyer.

  • Product Development Costs
    • Engineering specifications
    • Packaging Design
    • Package/documentation artwork
  • Cost of produced goods
    • Finished Product
    • Product Retail Packaging
    • Export Packing
    • Certifications
    • Quota Fees
    • Product licensing fees
    • Commercial documents (Commercial Invoice, Packing List, Certification of origin, certification documents)
    • Fees for Govt Agency Export Clearance, Export Licensing, Export Inspection
  • Pre-Shipment Inspection
  • Agent fees
  • Pre-Carriage – delivery of goods to FOB port of export
    • Foreign Freight Forwarding at FOB port of export
    • Documentation Costs
    • Freight Forwarding fees
    • Port & security fees
    • Carriage handling fees
    • Temporary warehouse consolidation
  • Main Carriage: Container, LCL (Less Container Load), Air freight
  • Cargo Insurance
  • Customs Brokerage at Destination port of import
    • Broker entry and processing fees
    • Customs Duties, Fees and Taxes
    • Temporary warehousing, break-bulk, cross-docking
    • Carriage handling fees
    • Port & security fees
  • On-Carriage: Delivery to Customer
  • Selling Commissions
  • Warehousing: Longer-term storage for Customer
  • Payment and Collection Costs: L/Cs, wires, etc.

Read more…about Delivered Duty Paid in our course.

 

Tony Zohari
Tony Zoharihttps://www.digitpro.co.uk/tony-zohari/
Documentary Photographer | Content Creator | Educator | Art Lover | Father...

Subscribe

- Get events special discount offer

- Get training special discount offer

- Never miss a story with active notifications

Latest stories

Unveil your best self with my exclusive 2-hour headshot photography session!Headshot Photography

Halter Neck Suit

Elevate your style with this stunning Halter Neck Suit, a blend of sophistication and effortless elegance. spot_img

Vintage cotton shirt

Indulge in the luxurious feel of breathable linen combined with the softness of cotton...spot_img