DAP requires fewer documentation from the vendor and is less expensive. DDP gives the seller more control over packing, delivery, and customs clearance. To reduce their losses, DDP allows sellers to include shipping, insurance, and logistics fees in the overall freight cost.
The Buyer is only responsible for unloading under DDP. Everything else is the Seller's responsibility, including packing, labelling, freight, Customs clearance, tariffs, and taxes. In contrast, under DAP, the buyer is responsible not just for unloading but also for Customs clearance, tariffs, and taxes.
The International Chamber of Commerce (ICC) has established a set of commercial words relevant to international commercial laws known as Incoterms.
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Jay Vyas
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
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Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
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This course has helped me a lot to gain good amount of knowledge that I can apply in my future opportunities.
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Fazlurrahman Khan
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I am happy from this course I want pdf of lectures if will be available that would be very beneficial for Us
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Atul Marathe
5
Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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