LogisticsDAP
DAP (Delivered at Place)
Also known as: Delivered at Place, DAP Incoterm
An Incoterm where the seller bears all costs and risks until goods are delivered at the agreed destination, without clearing them for import or unloading them.
Also known as: Delivered at Place, DAP Incoterm
An Incoterm where the seller bears all costs and risks until goods are delivered at the agreed destination, without clearing them for import or unloading them.
DAP (Delivered at Place) is an Incoterm where the seller bears all transport costs and risks until delivering goods at the agreed destination, ready for unloading from the arriving vehicle. The seller pays international freight and insurance, but the buyer is responsible for import clearance, duty and tax payment, and unloading. It differs from DDP in that under DAP the buyer pays import taxes, and from EXW in that the seller assumes nearly all transport.
Incoterms
International rules published by the International Chamber of Commerce (ICC) defining buyer and seller responsibilities for transport and delivery of goods.
LogisticsDDP (Delivered Duty Paid)
An Incoterm where the seller assumes all costs and risks of delivering goods to the agreed destination in the importing country, including import clearance and duty payment.
LogisticsEXW (Ex Works)
An Incoterm where the seller makes goods available at their premises, with no responsibility for transport or export clearance.
LogisticsCIF (Cost, Insurance and Freight)
An Incoterm indicating that the seller assumes the costs of ocean freight and insurance to the agreed destination port, although the risk of loss or damage transfers to the buyer upon shipment.