Delivered Duty Paid (…named place of destination) (DDP)
(obsolete-Incoterms 2000) An international trade term of sale in which, for the quoted price, the seller/exporter/manufacturer clears the goods for export and is responsible for making them available to the buyer at the named place of destination, cleared for import, but not unloaded from the transport vehicle.
The seller, therefore, assumes all responsibilities for delivering the goods to the named place of destination, including all responsibility for import clearance, duties, and other costs payable upon import. The DDP term can be used for any mode of transport.
The DDP term is used when the named place of destination (point of delivery) is other than the seaport or airport.
See Delivered Duty Paid, Incoterms© 2010 below.