Trade Terms | Obligations of the Buyer and Seller under DDP

The goods sent by the exporter to the importer must be the items required by the sales contract signed by both parties, and must not be inconsistent with the contract in terms of quality, quantity, and category. The exporter must also provide the importer with relevant commercial invoices and other documents specified in the contract.

The exporter is obliged to handle the necessary customs clearance procedures for the export and import of the goods and prepare the necessary documents for import and export customs clearance. In addition, this process may involve costs and risks, for which the exporter is also responsible.

The exporter must find a suitable freight company and sign a transportation contract with it to be responsible for safely transporting the goods to the destination. The costs and risks during the same period are also borne by the exporter. In addition, the exporter must also pay the corresponding costs of cargo transportation insurance.

The delivery time of the exporter shall not exceed the time agreed upon by both the buyer and the seller. When delivering the goods to the importer or the consignee designated by the importer, the goods shall not be unloaded from the means of transport.

If the goods have not been transferred, the risk of loss or damage to the goods and all costs of mandatory inspection before shipment shall be borne by the exporter.

The exporter is obliged to notify the importer of the dispatch of the goods. If the importer has other notification requirements, the exporter must also do so.

The exporter shall draw up all the transportation documents required for the delivery of the goods and be responsible for all the costs of these documents.

The exporter shall be responsible for the packaging and inspection of the goods and the related costs.

If the importer requests the exporter to provide information related to cargo insurance, the exporter is obliged to assist in providing it.

The importer must pay the payment according to the contract signed by both parties and the settlement method specified therein.

If the exporter requires the importer to assist in handling the customs clearance procedures related to the import of goods, such as assisting in obtaining import licenses and other documents, the importer shall provide assistance.

The importer must, in accordance with relevant rules, take delivery of the goods at the pre - agreed place when the exporter releases the goods.

Once the importer accepts the goods from the exporter, the importer shall be responsible for all subsequent risks and costs related to the goods.

If the importer decides on the time and place of delivery of the goods, the importer must notify the exporter in advance.

The importer is obliged to accept the transport documents and any other documents provided by the exporter to the importer as required.

The importer is responsible for the costs of inspecting the goods before shipment, but if the costs are incurred due to mandatory inspections for the export of the goods, the importer is not responsible for the inspection costs.

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