Question: Based on the information below, do the task.TaskType 10 Type 20 exerciseltems being imported: An importer is creating a Type 10 and 20 for a
Based on the information below, do the task.TaskType 10 Type 20 exerciseltems being imported:
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:
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: 39...... 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, Create Type 10 and 20 B3s.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
