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A shipment of Timex brand watches is being imported into Canada. There are 1500 watches valued at 5.50 Euro each. Exchange rate: 1.54 Customs Duty:

A shipment of Timex brand watches is being imported into Canada. There are 1500 watches valued at 5.50 Euro each.

Exchange rate: 1.54

Customs Duty: 12.5%

GST: 5%

What is the following (6 marks total, each below worth 1 mark each)

1. VCC

2. VFD

3. Customs Duty

4. VFT

5. GST

6. What is the total amount payable to the CBSA?

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