Question
You are the customs trade specialist at Dollarama 1. create the exporter based on the item 2. create one line CCI and one line B3
You are the customs trade specialist at Dollarama
1. create the exporter based on the item
2. create one line CCI and one line B3
3. o exchange rate, using CAD to trade/import
4. Dollarama address 5805 Royalmount Avenue Montreal, Quebec H4P 0A1
5. If your item has no country of origin use China
6. Use D17-1--10 for assistance
7. Use customs tariff 2023 October for locating the HS number and duty rate
8. See the price on the item, divide by 2 to get the unit price for the CCI
9. Create your own amount you are going to import. Be reasonable
10. Create your own carrier code and cargo control number, via ocean
11. To help you look for HS numbers you can use this for the first 6 digits https://rulings.cbp.gov/home
12. As mentioned in class, sometimes Canada and the United States do not agree upon the first 6 digits of the HS numbers
13. Sometimes the items are not names in the tariff so you will have to choose "other"
14. Watch out for your unit of measurements in the customs tariff
15. VFD 13 or 23 remember how it works
16. Double check your match on CCI and B3
Calculating a B3 line
VFCC X Exchange rate = VFD
VFD X Duty rate = Duty
VFD + DUTY = VFT
VFT X GST RATE = GST
Double check your math, round up to 2 decimal points.
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