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Nationalized Sugar DDP
Nationalized Sugar DDP refers to sugar that has been imported into a country and cleared through customs, with all duties, taxes, and import-related fees fully paid. The term DDP stands for Delivered Duty Paid, a term used in international trade.
DDP (Delivered Duty Paid)
⦁ Seller’s Responsibility: Under DDP, the seller is responsible for delivering the goods to the buyer’s location, taking care of all transportation costs, duties, taxes, and any other charges associated with importing the goods into the buyer's country.
⦁ The term "nationalized" means that the sugar has been legally imported, and all necessary customs procedures have been completed, making the product ready for sale or distribution within the country without any further customs charges.
If you are buying nationalized sugar DDP, the seller would have already paid all import duties, taxes, and any related fees. The sugar would be delivered to your location, and you wouldn’t need to deal with customs clearance or additional costs.
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