92 questions
Valuation, Duties, Taxes & Fees
The incoterms DAT/DAP/DDP/DDU/DAF/DES/DEQ were shown in the invoice but I was not able to find the incoterms in the invoice declaration screen. Which incoterm should I declare to derive the Cost, Insurance and Freight (CIF)?
What are the penalties for selling, buying or possessing cigarettes without the SDPC marking?
Why is there a need for the SDPC marking?
The commercial invoice shows an amount in the currency of exportation (USD) and the settlement is to be made in SGD using a fixed exchange rate. Is that okay?
I have been offered a quantity discount of 10% by my supplier. Should the discount be reflected in the Customs value?
An importer buys a machine from a foreign manufacturer at S$20,000. A cash discount of 5% is granted if payment is made within 10 days after the date of sale. At the point of importation, payment has not been made. What is the Customs value, S$20,000 or S$19,000?
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?
Our company sells equipment parts to local companies. Our supplier is in overseas. Can our local customers directly import the goods from our overseas supplier themselves after we have sold them the products?
What is the procedure to apply for SPDC marking?
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