DAP (Incoterms 2020)
Also called: Delivered at Place
An Incoterms 2020 rule under which the seller arranges and pays the carriage to the agreed place of destination, and bears the risk until then. Delivery takes place when the goods are placed at the buyer's disposal on the arriving means of transport, ready for unloading. Import clearance, duties and VAT remain the buyer's.
On the site
- The full guide: Buying FCA Yerevan: who pays what