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(c) Jeff is starting up a graphic and painting company in Mansa. He has bought the following equipment from Germany which will come through Sesheke

(c) Jeff is starting up a graphic and painting company in Mansa. He has bought the following equipment from Germany which will come through Sesheke border.

1. Reprographics machine Euros 6,800 (FOB)

2. Printer Euros 1,200 (FOB)

3. Electric cutter Euros 400 (FOB)

The Germany Company estimates the following cost for:

  1. Shipment to Walvis Bay $ 700
  2. Insurance (Marine) $ 200

Jeff will have to incur cost of buying the equipment by road up to Katima Mulilo. The costs are estimated at K5,000.

Required:

  1. Customs Duty
  2. Excise Duty
  3. Import VAT
  4. Total Cost of the equipment.

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