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: 12%) 1 Sold @ $580 USD Propane containers (2711.12.10.00 U/M LTR MFN: 18%) 1 Sold @ $920 USD Duration of Time: 3 Years Both items made in USA but NO CUSMA (MFN rates only) *1st transaction number going into warehouse: 26624-124512451 *2nd transaction number to get out of the warehouse: 26624- 000000005 US exchange rate: 1.322 (D/S date of Apr 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
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