There are many delivery terms used in international shipping. Ex-works incoterms are one of them and are frequently used. Delivery terms or incoterms play a crucial role in determining the price of the product. The word “ex-factory” is simple to explain It means “from the factory. In this scenario, both parties […]
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Delivered at the Place (DAP) is among the 11 incoterms included under Incoterms (r) 2020, which is a part of the International Chamber of Commerce. In the DAP incoterm, there is a location of delivery (called “location”) that is decided jointly by the buyer and seller. The seller’s duty is to […]