What is Delivered Duty Paid in SAP SLL - Global Trade Services?

SAP Term: Delivered Duty Paid

• Component: SLL

• Component Name: Global Trade Services

• 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.

Smart SAP Assistant

• Key Concepts: 
  Delivered Duty Paid (DDP) is a term used in international trade that indicates the seller is responsible for delivering goods to the buyer, including all costs associated with the delivery, such as taxes, duties, and customs clearance. It is part of the Incoterms 2020 set of international trade terms published by the International Chamber of Commerce (ICC). DDP is typically used when the buyer and seller are located in different countries. 
  
  How to use it: 
  When using DDP, the seller is responsible for all costs associated with delivering the goods to the buyer’s designated location. This includes any taxes, duties, and customs clearance fees. The seller must also ensure that all necessary paperwork is completed and submitted to the relevant authorities. The buyer is responsible for unloading the goods at their designated location. 
  
  Tips & Tricks: 
  When using DDP, it is important to ensure that all necessary paperwork is completed correctly and submitted to the relevant authorities in a timely manner. This will help to avoid any delays or additional costs associated with incorrect paperwork or late submission. 
  
  Related Information: 
  SAP Global Trade Services (GTS) provides a comprehensive solution for managing international trade processes. GTS helps companies comply with global trade regulations and manage their global supply chains more efficiently. GTS includes features such as automated document processing, compliance checks, and risk management tools. GTS also provides support for Incoterms 2020, including Delivered Duty Paid (DDP).