Question: Question # 9: UBL Ltd. imported a consignment of bullets from USA. The bullets are received in the packing of one hundred. The cost incurred

 Question # 9: UBL Ltd. imported a consignment of bullets from

Question # 9: UBL Ltd. imported a consignment of bullets from USA. The bullets are received in the packing of one hundred. The cost incurred by UBL Ltd. for the consignment of 100,000 boxes is as follows: Amount paid to GWB Ltd. (supplier) Import license fee Customs duty Sales tax (Not adjustable) Income Tax Clearing and forwarding agents bills Rs. 100,000,000 2,000,000 30,000,000 15,000,000 4,200,000 200,000 Work out the total cost of consignment and cost of each box

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