Question: An importer is creating a Type 10 and 20 for a client looking to temporarily store their goods before being released. The Information for the
| An importer is creating a Type 10 and 20 for a client looking to temporarily store their goods before being released. The Information for the transaction is described below: Items being imported: Lubricating oils for diesel engines (2710.19.91.20 U/M LTR MFN: 5%) 1 Sold @ $580 USD Propane containers (2711.12.10.00 U/M LTR MFN: 12.5%) 1 Sold @ $920 USD Duration of Time: 3 Years Both items made in USA but NO CUSMA (MFN rates only, use the MFN rate provided for your calculations) *1st transaction number going into warehouse: 26624-124512451 *2nd transaction number to get out of the warehouse: 26624-124512457 US exchange rate: 1.322 (D/S date of Jul 17) US Port: 3241.... CBSA Office: 391....... Highway Mode of Trans.... warehouse 25 CCN: 7887 - 25984635 *****The Importer will process both items going into the warehouse, but will extract the propane container.
TASK: Using the information above, fill in the blanks in Type 10 & Type 20: *****Be sure to label "blank" if the B3 field would normally have an empty space. Type 10---- please fill in the blank following the same sequence, the format of each the blank is exact as B3 fields:
1. Total VFD (Field 9) , 2. Currency (Field 17) , 3. Time Limit (Field 18) (no space in between, e.g. 4 days should be 4D) , 4. Lubricating Oils VFD (Field 37) , 5. Lubricating Oils Customs Duties (Field 38) , 6. Total (Field 51) ,
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6 points
QUESTION 2
*****Be sure to label "blank" if the B3 field would normally have an empty space.
Type 20---- please fill in the blank following the same sequence, the format of each the blank is exact as B3 fields:
7. Total VFD (Field 9) ,
8. Direct Shipment Date (Field 16) ,
9. Currency (Field 17) ,
10. Propane Containers VFCC (Field 36) ,
11. Field 24 and 25 of the Propane Container ( use "/ " without space in between) ,
12. Propane Container GST (Field 42) ,
13. Warehouse No (Field 44) ,
14. Cargo Control No. (Field 45) ,
15. Total (Field 51)
PLEASE PROVIDE ACCURATE ANSWER AND AS SOON AS POSSIBLE
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