3) Tony's Enterprise is importing a shipment. The shipment will arrive on one vessel, but two 20ft containers. The freight forwarder explained that it was challenging to obtain a 40 ft container originally requested by the importer. The freight, if the goods were shipped in the 40ft container, would be US $3000. The forwarder explained that despite the change, a deal was struck to ensure it remain the same and, in her opinion, it was more suitable for the protection of the goods based on their nature. One of the 20ft containers will contain 60 cases stacked on 15 pallets of Sparkling Wine, with each case containing 24 bottles of 750ml. Wine is being imported for an approved hotel and is of pure.alcohol strength of 15%. The invoice value for wine is US $9,500.00. The broker informed that the Import Duty (ID) is 40%, the Additional Stamp Duty (ASD) is \$1.00USD per litre, and the Special Consumption Tax Specific (SCTS) is 1230.00JMD of pure alcohol of the total volume. The other container will contain a motor vehicle that exceeds 2000cc but does not exceed 3000 cc classified under the tariff code 8703234030 imported for business use. The vehicle if sold in Jamaica would sell for approximately $40,000 USD equivalent, cost $20,000 USD. After much negotiation with the seller, the terms of the shipment is Free on Board. Your services as a customs broker have been requested by the client to effect clearance of the shipment. The used motor vehicle will arrive at Kingston Container Terminal in a 20ft container (FSCU7890234). The broker informed the client that for this type of vehicle, the Import duty is 20\%, and the Special Consumption Tax Advalorem is 20%. Since the imported vehicle was used, the declaration was subjected to valuation scrutiny by Customs. It was decided by Customs to add an additional $5000 USD to the invoice value. Even though the importer disagreed he opted to pay the required duty based on Customs re-evaluation. To clear a based on Customs re-evaluation. To clear a motor vehicle cost $65,000 JMD for the Customs Administration Fee. The shipment will be cleared at the Container Freight Station located at the Kingston Container Terminal. Given that: 1. General Consumption Tax (GCT) is 15% or 20% 2. Standard Compliance Fee (SCF) is 0.3% 3. Environmental Levy (Envl) is 0.5% 4. Stamp Duty is $100.00 JMD 5. Exchange ratio is 1USD: 153JMD 6. Customs Administration Fee (CAF) is $25,000.00JMD for the Sparkling Wine. Calculate all duties and taxes payable and the total sum payable by Tony's Enterprise to the Jamaica Customs Agency for this shipment. 3) Tony's Enterprise is importing a shipment. The shipment will arrive on one vessel, but two 20ft containers. The freight forwarder explained that it was challenging to obtain a 40 ft container originally requested by the importer. The freight, if the goods were shipped in the 40ft container, would be US $3000. The forwarder explained that despite the change, a deal was struck to ensure it remain the same and, in her opinion, it was more suitable for the protection of the goods based on their nature. One of the 20ft containers will contain 60 cases stacked on 15 pallets of Sparkling Wine, with each case containing 24 bottles of 750ml. Wine is being imported for an approved hotel and is of pure.alcohol strength of 15%. The invoice value for wine is US $9,500.00. The broker informed that the Import Duty (ID) is 40%, the Additional Stamp Duty (ASD) is \$1.00USD per litre, and the Special Consumption Tax Specific (SCTS) is 1230.00JMD of pure alcohol of the total volume. The other container will contain a motor vehicle that exceeds 2000cc but does not exceed 3000 cc classified under the tariff code 8703234030 imported for business use. The vehicle if sold in Jamaica would sell for approximately $40,000 USD equivalent, cost $20,000 USD. After much negotiation with the seller, the terms of the shipment is Free on Board. Your services as a customs broker have been requested by the client to effect clearance of the shipment. The used motor vehicle will arrive at Kingston Container Terminal in a 20ft container (FSCU7890234). The broker informed the client that for this type of vehicle, the Import duty is 20\%, and the Special Consumption Tax Advalorem is 20%. Since the imported vehicle was used, the declaration was subjected to valuation scrutiny by Customs. It was decided by Customs to add an additional $5000 USD to the invoice value. Even though the importer disagreed he opted to pay the required duty based on Customs re-evaluation. To clear a based on Customs re-evaluation. To clear a motor vehicle cost $65,000 JMD for the Customs Administration Fee. The shipment will be cleared at the Container Freight Station located at the Kingston Container Terminal. Given that: 1. General Consumption Tax (GCT) is 15% or 20% 2. Standard Compliance Fee (SCF) is 0.3% 3. Environmental Levy (Envl) is 0.5% 4. Stamp Duty is $100.00 JMD 5. Exchange ratio is 1USD: 153JMD 6. Customs Administration Fee (CAF) is $25,000.00JMD for the Sparkling Wine. Calculate all duties and taxes payable and the total sum payable by Tony's Enterprise to the Jamaica Customs Agency for this shipment
