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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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