DAP Shipping Term: The Essential Guide for Global Trade
DA (Delivered at Place) An Incoterm specifying that a seller has to deliver goods to a buyer’s premises particular place being responsible for all transportation costs and risks at the place that is up to the delivery until the actual physical delivery of the goods and excluding the price of unloading and taxes and duties in the importing country as a buyer’s cost. This term is advantageous to sellers due to they deal with the deliverance and also minimize on risks, while for the buyer is advantageous in that they get an easy time to import their products and costs will be predictable. In the practical application of DAP processes, there is a need to explain them effectively, document them well and be aware of local dictates. Although there is a possibility of difficulties arising from delivery and custom reasons, DAP simplifies the structure of international business transactions.