Is a Delivery Duty Paid Agreement the right way to go?

  • 02.03.2017

Up until a little while ago, the answer to this question for retailers and wholesalers based in Australia who were importing their goods from overseas seemed relatively straightforward. However, things have now changed slightly and now might be the time to consider working with an end-to-end import services provider who can advise you appropriately. But first, let us look at what has changed and how this might affect small businesses in particular. Delivery Duty Paid (DPP) is an international agreement, whereby the seller of the product takes on the responsibility for the paying of any import or customs duties that are due. For the importer, this makes sense as it reduces their costs and allows them to pass those savings onto their customers. However, what happens when the value of the goods is, for whatever reasons, underestimated by the supplier?…

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