07_ddp from 96_incoterms by digitalsakura
***from wikipedia***
ddp – delivered duty paid (named place of destination)
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. no risk or responsibility is transferred to the buyer until delivery of the goods at the named place of destination.
the most important consideration for ddp terms is that the seller is responsible for clearing the goods through customs in the buyer's country, including both paying the duties and taxes, and obtaining the necessary authorizations and registrations from the authorities in that country. unless the rules and regulations in the buyer's country are very well understood, ddp terms can be a very big risk both in terms of delays and in unforeseen extra costs, and should be used with caution.
Tracklist
| 7. | 07_ddp | 4:15 |
Credits
License
CC BY-SA 3.0. See the Creative Commons website for details.
the sprouts of digitalsakura were planted on january 29, 2019, since then this beautiful tree, a symbol of life and death, transience and frailty of being, blooms and envelops the whole world with petals of experimental art.
we support the vital activity of sakura, doing research of this world through the prism of media art with a scientific and experimental approach.