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L'Or al LLC , UAE is engaged into imports of cosmetics business and registered for VAT purposes in the UAE. It goods worth ( Cost

L'Oral LLC, UAE is engaged into imports of cosmetics business and registered for VAT purposes in the UAE. It goods worth (Cost) of AED 500,000 from Paris, France. The Insurance is 1% of the cost and freight is 2% of Assuming the rate of customs duty is 5% and VAT is also 5%, please calculate the amount of customs du the UAE customs and then import VAT paid by L'Oral LLC under the reverse charge mechanism to the F Authority (FTA) in the form of VAT returns.
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