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Problem 1 (25 Points: Dear tax auditors; you can find some data regarding import procedures in accodance with clearing goods from Turkish Customs at below
Problem 1 (25 Points: Dear tax auditors; you can find some data regarding import procedures in accodance with clearing goods from Turkish Customs at below mentioned tables. Calculate all cost of this transaction in order to clear the goods from Turkish Customs. Definition of The Goods Notebook 500 PCS $2,000 South Korea 8629.69.50.10.00 Down Payment (D/P) N CIF Quantity Unit Price Origin Country HSC Payment Term Quantity Discount Delivery Term Sender Buyer Freight Insurance Packaging Customs Duty Rate Special Consumption Tax Rate VAT (Value Added Tax) Rate Stamp Duty RUSF Rate CBT (BROE) CBT (SROE) ORKO DOKI CO LTD, SOUTH KOREA NEVO LTD. STI., TURKEY $3,000 $500 $300 10% 5% 18% 53 TRY 6% $1 = 2 TRY $1 = 2,2 TRY
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