SDTR QF2

A shipment of 4,500 bags of soft wheat flour have been imported from Vietnam last September 02, 2017. Such importation has been subjected to a preliminary determination which resulted to an affirmative decision. Moreover, the government agency tasked to administer the final determination has recommended a value of $ 4.50/bag from its protested normal value of $ 6.50/bag. The importer declared the export value of $ 2.40/bag. Compute for the Dumping Margin if the insurance and freight is valued at $ 4,500.00. Use E/R of Php 46.00/$1.00.

• 17.1%

• 1.71%

• 1.70%

• No correct answer

A shipment of 4,500 bags of soft wheat flour have been imported from Vietnam last September 02, 2017. Such importation has been subjected to a preliminary determination which resulted to an affirmative decision. Moreover, the government agency tasked to administer the final determination has recommended a value of $ 4.50/bag from its protested normal value of $ 6.50/bag. The importer declared the export value of $ 2.40/bag. Compute for the Anti-dumping Bond if the insurance and freight is valued at $ 4,500.00. Use E/R of Php 46.00/$1.00.

• $18,700

• $18, 750

• $18,450

• No correct answer

An importation of 255 dozen of badminton racket at $9.00 per pair, CPT. Seller paid freight charges indicated in commercial invoice at the amount of $250, while on the bill of lading shown that freight charge was $266.00. However, customs officer assessed the said shipment with the aggregate value of P19,932.88 for customs duty and bank charge using 3% as duty rate. Based on the exchange rate of P47.00/$1.00and 500 kilograms as gross weight. Compute for the Value Added Tax:

• PHP 79,438.52

• PHP 31, 892.61

• PHP 661, 987.72

• No correct answer

An importation of 255 dozen of badminton racket at $9.00 per pair, CPT. Seller paid freight charges indicated in commercial invoice at the amount of $250, while on the bill of lading shown that freight charge was $266.00. However, customs officer assessed the said shipment with the aggregate value of P19,932.88 for customs duty and bank charge using 3% as duty rate. Based on the exchange rate of P47.00/$1.00and 500 kilograms as gross weight. Compute for the Landed Cost, if miscellaneous expense was amounted to PHP 5,000.

• PHP 79,438.52

• PHP 31, 892.61

• PHP 661, 987.72

• No correct answer

An importation of 255 dozen of badminton racket at $9.00 per pair, CPT. Seller paid freight charges indicated in commercial invoice at the amount of $250, while on the bill of lading shown that freight charge was $266.00. However, customs officer assessed the said shipment with the aggregate value of P19,932.88 for customs duty and bank charge using 3% as duty rate. Based on the exchange rate of P47.00/$1.00and 500 kilograms as gross weight. Compute for the Marking Duty, if Bureau's findings is lack of required markings

• PHP 79,438.52

• PHP 31, 892.61

• PHP 661, 987.72

• No correct answer