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Component: SD-FT
Component Name: Foreign Trade
Description: An international commercial term under which the the seller exporter fulfills the seller's obligation to deliver when the goods have been made available at the named place in the country of importation. The seller must bear the risks and costs, including duties, taxes, and other charges of delivering the goods, cleared for importation. This term can be used for all modes of transport.
Key Concepts: Delivered Duty Paid (DDP) is a term used in international trade that indicates the seller is responsible for delivering the goods to the buyer, and also for paying any duties, taxes, and other fees associated with the goods. This term is commonly used in SAP Foreign Trade (SD-FT) to indicate that the seller is responsible for all costs associated with the delivery of the goods. How to use it: In SAP Foreign Trade, DDP is used to indicate that the seller is responsible for all costs associated with the delivery of the goods. This includes any duties, taxes, and other fees associated with the goods. The buyer will not be responsible for any of these costs. Tips & Tricks: When using DDP in SAP Foreign Trade, it is important to ensure that all costs associated with the delivery of the goods are included in the price of the goods. This will ensure that there are no unexpected costs or delays when delivering the goods. Related Information: DDP is often used in conjunction with other terms such as Free on Board (FOB) and Cost Insurance Freight (CIF). These terms are also commonly used in international trade and can help to clarify who is responsible for what costs associated with the delivery of goods.