Definition
An Incoterms 2020 rule placing maximum obligation on the seller, who delivers the goods cleared for import at the named destination and pays all costs including import duties and taxes. Risk transfers to the buyer only on arrival at the destination, ready for unloading. For South African imports under DDP the foreign seller is responsible for SARS duties and import VAT, which can be administratively difficult for a non-resident.
Frequently asked questions
What is DDP (Delivered Duty Paid)?
An Incoterms 2020 rule placing maximum obligation on the seller, who delivers the goods cleared for import at the named destination and pays all costs including import duties and taxes. Risk transfers to the buyer only on arrival at the destination, ready for unloading. For South African imports under DDP the foreign seller is responsible for SARS duties and import VAT, which can be administratively difficult for a non-resident.
Which glossary terms are related to DDP (Delivered Duty Paid)?
DDP (Delivered Duty Paid) is a documentation term in the South African import/export industry. Related terms in the same area include Air Waybill (AWB), ATA Carnet, Bill of Lading (BoL), Cargo Manifest, Certificate of Conformity — each has its own plain-English definition in the TradeCaravan glossary.