How do I calculate the total import duty and GST value for dutiable goods? How do I calculate the total import duty and GST value for beer?
Customs Duty = Total Quantity in litres x Customs Duty Rate x Percentage (%) of Alcoholic strength
Excise Duty = Total Quantity in litres x Excise Duty Rate x Percentage (%) of Alcoholic strength
Total Duty = Customs Duty + Excise Duty
GST payable = Prevailing GST rate [Total duty + Value of beer]
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