DAP stands for Delivered at Place (…named place of destination), which means that the seller delivers the goods to the designated place of delivery without unloading the goods from the means of transport, and then delivers the goods to the buyer for disposal, thus fulfilling the delivery obligation. The seller shall bear all risks and costs before delivery, and the unloading costs shall be borne by the buyer.
DAP terminology applies to all modes of transport, including multimodal transport.
1. Seller’s obligations
(1) Deliver the goods at the designated destination according to the delivery time stipulated in the contract and notify the buyer in a timely manner.
(2) Be responsible for concluding the transport contract and paying the freight.
(3) Bear all risks and costs before delivery.
(4) Complete the export formalities and bear all corresponding costs.
(5) Submit relevant documents required by the contract, such as commercial invoices, delivery notes, or electronic record procedures with equivalent functions.
2. Buyer’s obligations
(1) Bear all risks and costs after receiving the goods.
(2) Obtain import licenses or other official import certificates at their own risk and expense, and complete customs formalities required for the import of goods.
(3) Accept the commercial invoice and other documents submitted by the seller, and receive and pay for the goods at the time and place specified in the contract.