Question: Customs Regulation case studyOn 1 0 th April 2 0 1 - , Vulcain company imported 1 0 0 tons of latex natural rubber from
Customs Regulation case studyOn th April Vulcain company imported tons of latex natural rubber from Malaysia. Value CIF Le Havre: EURTon Transport from le Havre to Lille : EURTonCustoms information: TARIC code: ; duties ; VAT This rubber is processed in Lille to get a semifinished product vulcanization process, adding additivesThe semifinished product we get is of the weight of the natural rubber used as raw material. The resulting added value is equal to of the DDP value of the used natural rubber.Half quantity of the vulcanized rubber we get is sold in European Union, second half is shipped out of EU to further transformation.Vulcanized rubber sheets are shipped on th june to Ukraina where a subcontractor processes them into transmission belts.Customs information: TARIC code of vulcanized rubber: ; Duties ; VAT Finished product we get in Ukraina accounts for of vulcanized rubber weight used in the transformation.The finished product is made of endless drive rubber belts; TARIC code: ;Duties ; VAT The added value of the process is of the value of the vulcanized rubber.Transmission belts we get are imported back to France by Vulcain on september To be sold to industrial groups. Half quantity of the belts is sold out of EU territory. Second half of the quantity is sold in France and in other EU countries.Transport of reimported belts are: EURton whose on foreign leg outside EU territory.Nota. EU mean European UnionQUESTIONS What customs procedures do you suggest to ask for? Identify subsequent process and ultimate whole duties and taxes cost
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