Apply for instant GST business loan upto INR 1 Cr
Banner Desktop

Glossary

Trade Finance Glossary and Export Import Terms

Home > Finance Glossary > DAP Delivered At Place

What is DAP Delivered At Place?

(Delivered at Place) is an Incoterm where the seller is responsible for delivering goods to a specified destination, but the buyer is responsible for import duties and taxes.

How It Works:

  • The seller arranges transportation to the destination.
  • Goods are delivered ready for unloading.
  • Risk remains with the seller until delivery.
  • The buyer handles customs clearance and duties.
  • The buyer unloads the goods.

Benefits:

  • Reduces logistics burden for buyers
  • Clearly defines delivery responsibility
  • Suitable for door-to-door shipments
  • Flexible across transport modes

Example:

An exporter delivers goods to a buyer’s warehouse under DAP terms, but the buyer pays import duties and taxes.

Related Terms Starting with "D"