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DAP Incoterms 2010: Seller & Buyer Obligations

This document discusses the international commercial shipping term DAP (Delivery At Place). It defines DAP as requiring the seller to be responsible for transporting goods to the agreed destination place and bearing risks until delivery. The presentation outlines the characteristics of DAP and obligations of both the seller and buyer. The seller is responsible for transportation, loading, export clearance, and risks until delivery at destination. The buyer receives goods at the destination, bears risks after delivery, and pays for import clearance and taxes. Team members were assigned sections to prepare content and slides on the characteristics, seller obligations, and buyer obligations.

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Quang Nguyen
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0% found this document useful (0 votes)
9 views15 pages

DAP Incoterms 2010: Seller & Buyer Obligations

This document discusses the international commercial shipping term DAP (Delivery At Place). It defines DAP as requiring the seller to be responsible for transporting goods to the agreed destination place and bearing risks until delivery. The presentation outlines the characteristics of DAP and obligations of both the seller and buyer. The seller is responsible for transportation, loading, export clearance, and risks until delivery at destination. The buyer receives goods at the destination, bears risks after delivery, and pays for import clearance and taxes. Team members were assigned sections to prepare content and slides on the characteristics, seller obligations, and buyer obligations.

Uploaded by

Quang Nguyen
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Class Code Section: 2021702044903 Teacher: Nong Thi Nhu Mai

Class: CLC_19DTM03

INTERNATIONAL COMMERCIAL TRANSACTIONS

INCOTERMS 2010
DAP
START

1
Our Team Members

Nguyen Tinh Nhi

Nguyen Quoc Quang

Nguyen Hieu Kien

2 [Link]
Structure Presentation
DAP
Characteristics

DAP Seller and


Buyer obligations
DAP Revise

3 [Link]
DAP Characteristics
DAP- Delivery At Place
This term can be used for any mode of transportation.
The seller responsible for transferring from origin until their delivery at the destination place with
buyer, ready for unloading at destination. The seller bears the risk until delivery of goods to the
named place and should get a contract of carriage that matches the contract of sell until the agreed
delivery point.

4 [Link]
DAP Obligations

Seller Obligations Buyer

5 [Link]
The Buyer’s/ Seller’s Obligations

1. General obligation
2. Licenses, authorisations and formalities
3. Contracts of carriage and insurance
4. Taking delivery
5. Transfer of risks
6. Costs
7. Notice to the buyer/ seller
8. Proof of delivery, transport document or equivalent electronic message
9. Checking - packaging – marking
10. Other
DAP The Seller’s Obligations
1. Provision of goods: The seller must provide the merchandise and the commercial invoice consistent
with the purchase agreement and provide all the appropriate evidence the contract may require.

2. Licenses, authorisations and formalities: The seller must bear the risk and expense of obtaining an
export or import license or other official permits and doing all customs clearance for export, for
transport through other countries.

3. Contracts of carriage and insurance: Contract of carriage at sellers expense in the usual route to the
agreed point of delivery

 Contracts of carriage

 Contracts of insurance

4. Delivery: The seller must deliver the goods not unloaded at the agreed point and time.

7 [Link]
DAP The Seller’s Obligations
5. Transfer of risks: The seller must bear all risks of loss of or damage to the goods until the goods are
delivered.

6. Costs: The seller must pay: All costs of major transportation, loading at the place of origin, export clearance
at the place of clearance.

7. Notice to the buyer: The seller must provide the buyer with information necessary for the buyer to take the
usual measures necessary to receive the goods.

8. Transport document: The seller must provide the buyer, by his own expense vouchers to buyers can receive
the goods.

9. Checking - packaging – marking: The seller must bear the cost of checking, quality control, measuring,
weighing, counting, packing of goods and marking. If special package is required, the buyer must inform and
the seller and agreed on extra expenses.

10. Assist obtaining additional information required by the buyer.

8 [Link]
DAP The Buyer’s Obligations
1. Payment: The buyer must be responsible for the full payment to the seller as signed in the sale
transaction contract.
2. Licenses, authorisations and formalities: In contrast to the seller, the buyer must bear all risks
and costs to obtain an import license when the goods have been delivered to the place of receipt
as in the signed contract.
3. Contracts of carriage and insurance: The buyer has no obligation to the seller to conclude
contracts of transport and insurance. However, if required by the seller, the buyer must provide
the seller with the necessary information for procuring insurance.
4. Taking delivery: The buyer must receive the goods in the right place and time as specified in
the contract.
5. Transfer of risks: The buyer must bear all risks or damage to the goods from the time they
receive the goods at the agreed time.
9 [Link]
DAP The Buyer’s Obligations
[Link]: The buyer has to bear all the costs required for reshipment inspection, except
for those required by the authorities in the country of export.
[Link] to the seller: The buyer must notify and provide all necessary information
related to the transport and supported the export of goods to the seller.
[Link] of delivery: The buyer must receive and accept all shipping documents provided
by the seller.
[Link] of goods: Buyer will not be responsible for this issue. If special packages
are required, the buyer must inform and the seller agreed on extra expenses.
[Link] obtaining additional information required by the seller.

10 [Link]
Review knowledge through questions

Let’s Go
DAP Revise
1. Regarding the contract of carriage and insurance,
what is the buyer's responsibility?

The buyer has no obligation to the seller to


make a contract of insurance and transport.
However, if requested by the seller, the
buyer must provide all the information
necessary to purchase insurance for the
seller.

12 [Link]
DAP Revise
2. If there is an extra fee for unloading the goods, will
the seller or buyer pay?

It is certain that, the seller will pay.


Because DAP, deliver from seller ends unloaded
at destination place agreed, it can be used for any
mode of transportation. Buyer just pays for
import customs clearance, duties and taxes.
Contrary to DAT, goods are delivered unloaded
from transport vehicle.
 
13 [Link]
Thanks for Listening

The times for question after the presentation.


Our Team Members

Nguyen Tinh Nhi:


 Sort content and Make Power Point.
 Prepare content and presentations for part Characteristics.

Nguyen Quoc Quang


 Prepare content and presentations for part Seller’s Obligations.

Nguyen Hieu Kien


 Prepare content and presentations for part Buyer’s Obligations.

15 [Link]

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