A local company imports a shipment, the company's Chief Executive Officer is importing a sedan motor vehicle he claims for personal use, which exceeds 1500cc but does not exceed 2000cc. The vehicle if sold in Jamaica would sell for approximately $20,000 USD equivalent, had cost $8,500 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 the clearance of the shipments. The used motor vehicle will arrive at Kingston Freeport Terminal Limited in a 20ft container (ZCSU7890234). The broker informed the client that for this type of vehicle, the Import Duty (ID) rate is 20%, the Special Consumption Tax Advalorem (SCTA) 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 $2,500.00 USD to the invoice cost. It was also observed that the motor vehicle was on an invoice addressed to the local company. Even though the importer disagreed he opted to pay the required duties based on Customs re-evaluation. To clear a motor vehicle cost $65,000 JMD for the Customs Administration Fee (CAF) is levied. A part of the shipment is a tanker container that arrived at the Sufferance Wharf of the company of unleaded gasoline. The tanker container contains 600,000,000 millilitres of unleaded gasoline 87. The Import Duty (ID) rate is 10% and similarly, the Special Consumption Tax Advalorem (SCTA) rate is 10%. The Special Consumption Tax Specific (SCTS) is $38.1492 JMD per litre. The marine freight for both the motor vehicle and gasoline was $6,500.00 USD

Given that:

1. General Consumption Tax (GCT) rate is 15% or 20% depending on the purpose of importation
2. Environmental Levy (ENVL) rate is 0.5%
3. Standard Compliance Fee (SCF) rate is 0.3%
4. Stamp Duty is $100.00JMD per shipment
5. Exchange Rate is 1USD: 155JMD
6. Customs Administration Fee (CAF) is rate $3.50 JMD per litre for gasoline
7. The invoice cost for gasoline is $550,000.00 USD, FOB delivery terms
8. All items were delineated on the said Bill of Lading