WHAT IS DAP

1
WHAT IS DAP

• WHAT IS DAP
• DAP is Delivered at Place. It can be used for
  any mode of transport where more than one mode of
  transport is used. DAP is the modification of an
  old incoterm and a new addition to the latest
  versions of incoterm. It replaces the outdated
  DDU incoterm which was Delivery Duty Unpaid.
• DAP means that the seller must make the goods
  available at a named place by the buyer. The
  location is chosen by the buyer under DAP. The
  seller in DAP is not responsible for unloading
  the goods from the carrier at the destination.
  The seller also does not need to pay for any
  cutom duties, tarrifs, VAT, taxes or any other
  costs that may apply during the delivery of the
  good to the named location.

2
WHAT IS DAP
3
WHAT IS DAP

• As the seller is not responsible for any of these
  the buyer gets the responsibilities for the risks
  that involves processing customs clearance, the
  taxes to be paid, the import duties to be imposed
  on the goods and the other costs that gets added
  to the shipment.
• DAP serves various mode of transportation and
  therefore is versatile.
• All the sellers obligations are same as of other
  incoterms except that one additional obligation
  gets added to the list. Under this obligation the
  seller is responsible for the costs involving
  inland transportation at the destination country.
• The buyer under DAP is relaxed as he has to pay
  for the payment of goods, customs clearance on
  arrival and fees only.
• KNOW MORE ABOUT-WHAT IS DAP
• READ MORE-Freight Forwarding Online, Buy Sell
  Ocean Freight,Tronslog