CUSTOMS PROCEDURE - let me ask in incoterm 2010, term dap,.....?

Let me ask in Incoterm 2010, Term DAP,.....?

Question: Let me ask in Incoterm 2010, Term DAP, which party will the unloading at the buyer 's warehouse belong to? Buyer or seller? In the contract, only DAP, Incoterm 2010 is written in general.
Answer: Term DAP (Delivered At Place) - Delivery at destination: according to Incoterms 2010 it belongs to Group D, the responsibility belongs to the seller
Some notes when using Incoterms:
- Incoterms only apply to foreign trade contracts that do not apply to foreign trade contracts.
- Incoterms only apply to sales contracts of physical goods (tangible), not applicable to intangible goods (invisible).
About the law of Incoterms:
- When applying Incoterms, the parties may agree to add other provisions contrary to Incoterms.
- Incoterms cannot replace international sales contracts, it is only part of an international sales contract.
- In case of transporting goods by container using water transport, should choose conditions FCA, CPT, CIP, instead of FOB, CFR, CIF. Should choose conditions in Incoterms so that Vietnamese businesses gain the right to hire ships and buy insurance for goods.

Bài viết khác

PROCEDURE FOR IMPORTING CANNED MEAT 09/12/2020 09:33

Vietnam’s society is experiencing a boom in economic. The increase in GDP per capita alongside with the growth in personal spending capability are rousing the personal spending demand of a large number of buyers, especially for food. The fast changing of Vietnam’s society from the old mindset of the 80s era to the modern urban mindset are encouraging customers to looking for compressed, high quality and easy to use food with absolute safety. After the Covid virus spreads out, the customers’ demand for compressed and clean food that can be stored for long period, fitting for long-term use only raised higher. In such a situation, canned food, with canned meat to symbolize, the most used convenience food in the world is becoming more popular day by day.

Chi tiết

I have a problem about national security goods that are subject to import tax...? 08/07/2019 13:29 I have a problem about national security goods that are subject to import tax, customs clearance, import tax, then declare C code, do not pay immediately, now I have to apply for tax exemption to the General Department or how? Chi tiết

Regarding the proposed chemical clearance for research, how should the company perform? 16/05/2019 15:34

Regarding the proposed chemical clearance for research, how should the company perform?

Chi tiết

My agency - Consulate General has 01 motorbike for 20 years that cannot be used and transferred, would you please tell us about the destruction regulations so that we can destroy the vehicle? 16/05/2019 14:56

My agency - Consulate General has 01 motorbike for 20 years that cannot be used and transferred, would you please tell us about the destruction regulations so that we can destroy the vehicle?

Chi tiết