Question
1. For a Bamboo Chop board (H.S 4419.11.00.00) Made in USA but no Certificate of Origin provided Value for Currency Conversion VFCC -> US$ 500
1. For a Bamboo Chop board (H.S 4419.11.00.00) Made in USA but no Certificate of Origin provided Value for Currency Conversion VFCC -> US$ 500 Exchange Rate. Exchange Rate 1.2635 Find duty rate under Customs Tariff . Customs Tariff 2022 (cbsa-asfc.gc.ca) attached a. Calculate VFD b. Calculate VFT c. Calculate Total amount of duty and Taxes to be paid to CBSA. 2. For same Bamboo Chop board of USA Origin, but now has a certificate of Origin and can claim UST Preferential Tariff a. Calculate VFD b. Calculate VFT c. Calculate Total amount of duty and Taxes to be paid to CBSA. 3. Based on below information calculate. a. Net Cost b. Transaction Value c. Value of Non- Originating Materials d. RVC under TV method - Will it pass the 60% rule to qualify for CUSMA e. RVC under NC method - Will it pass the 50% rule to qualify for CUSMA Origin Value Material 1 Mexico (CUSMA certificate) $ 78 Material 2 Bangladesh $56 Material 3 Dominican Republic $12 Material 4 Ecuador $5 Overhead, labor $120 Profit
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