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custom issues & procedures Question 7 (2 points) Trios imports steel from a mill in Chicago USA. The Incoterms for the contract state CPT (Trios

custom issues & procedures

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Question 7 (2 points) Trios imports steel from a mill in Chicago USA. The Incoterms for the contract state CPT (Trios 55 City Center Dr. Miss.) The invoice cost from supplier is $300000 CDN. The freight cost (included in the price) is $4000. 1. What would be an acceptable value for duty? (1 mark) 2. What would the VFD code be? (1 mark)

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