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b.Milky Way imports Frozen Cheddar Cheese. The shipment arrived at the seaport Cargo Warehouse. The shipping cost is $4,000.00USD for 3500 boxes of 100,000 cans

b.Milky Way imports Frozen Cheddar Cheese. The shipment arrived at the seaport Cargo Warehouse. The shipping cost is $4,000.00USD for 3500 boxes of 100,000 cans with 100,000,000,000,000 milligrams of cheese. The broker informs for Cheese, the Import Duty (ID) rate is 5%, and the Dairy Cess rate is $8.2180 per Kilogram. The Common External Tariff Value for the shipment of cheese is $50,000.00USD. Given that:

  1. General Consumption Tax (GCT) rate is 15% or 20% depending on the purpose of importation
  2. Standard Compliance Fee (SCF) rate is 0.3%
  3. Environmental Levy (ENVL) is rate 0.5%
  4. Stamp Duty is $100.00JMD
  5. Exchange rate is 1USD: 155JMD
  6. Customs Administration Fee is $25,000.00JMD

Calculate all duties and taxes payable and the total sum payable by Milky Way for the shipments. SHOW ALL WORKING

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