The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
The information provided here is part of Export Import Training online
How to differentiate CPT with DDP?
Is there any difference between DDP and CPT?
As per Inco terms, DDP means Delivered Duty Paid (named destination place mentioned). CPT means, Carriage Paid to (the destination location mentioned).
The detailed articles on CPT and DDP with simple language have been mentioned in this web blog separately. These articles on DDP and CPT have been arranged in simple language to understand easily. I suggest you to read these articles on CPT and DDP, so as to enable you to have a clear idea on these shipping terms.
What is DDP? What are the responsibilities of buyer and seller under DDP terms? How does CPT term work? What are the obligations of buyer and seller under CPT terms.
The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
For your immediate reference, I give below web links on DDP and CPT separately below.
Inco terms DDP, easily explained
CPT terms, a quick reference
The Buyers and Sellers are suggested to use Incoterms 2020, the latest version of delivery terms for movement of goods. Click here to read the extract of Inco Terms 2020, easily explained.
The above articles explain clearly about CPT and DDP easy to understand.
Detailed articles about Inco Terms of Delivery under export and import of International business have been mentioned in separate category – INCO TERMS – in this web site. You can click here to read.
I hope, you have satisfied with the difference between DDP and CPT explained easily. Do you have different thought on difference between CPT and DDP?
The above information is a part of Import Export online Training
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