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 10th April 201-, Vulcain company imported 100 tons of latex natural rubber from Malaysia. Value CIF Le Havre: 10000 EUR/Ton. Transport from le Havre to Lille : 30 EUR/TonCustoms information: TARIC code: 40011000; duties =1%; VAT 20%This rubber is processed in Lille to get a semi-finished product (vulcanization process, adding additives).The semi-finished product we get is 90% of the weight of the natural rubber used as raw material. The resulting added value is equal to 20% 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 E.U. to further transformation.Vulcanized rubber sheets are shipped on 10th june 201-, to Ukraina where a subcontractor processes them into transmission belts.Customs information: TARIC code of vulcanized rubber: 4008190000; Duties =3,5%; VAT 20%.Finished product we get in Ukraina accounts for 80% of vulcanized rubber weight used in the transformation.The finished product is made of endless drive rubber belts; TARIC code: 4010240000;Duties 7,9%; VAT 20%.The added value of the process is 40% of the value of the vulcanized rubber.Transmission belts we get are imported back to France by Vulcain on 10 september 201To be sold to industrial groups. Half quantity of the belts is sold out of E.U. territory. Second half of the quantity is sold in France and in other E.U. countries.Transport of reimported belts are: 100 EUR/ton whose 70% on foreign leg outside E.U. territory.Nota. E.U. mean European UnionQUESTIONS1- What customs procedures do you suggest to ask for?2. Identify subsequent process and ultimate whole duties and taxes cost

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