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How much duty and other fees does impex equipment

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Reference no: EM132945612

Impex Equipment Co. Canada import industrial equipment from Brazil, and then exports/sell them to BJ's Imports USA. The equipment is shipped to BJ's by Ocean due to their bulkiness and weight. Since the equipment are made in Brazil, it does not qualify for CUSMA (Free Trade Agreement) The value for the equipment is US$250,000.00, import duty is 8.5% , other customs fees may or may not applicable. Calculate how much Duty and other fees does Impex Equipment owe US Customs (CPB) for this shipment. Show all calculation for full marks

Reference no: EM132945612

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