EXAMPLE (FOR CALCULATION OF LANDED COST)
Say you want to import shoes 500 in number from a vendor in China. The total volume of goods are 2CBM and value of goods is 40 RMB Per pair (let us Presume RMB is Rs10.80). The Vendor give delivery at one of our Warehouse in china and cartage from our warehouse in Delhi to your Place say Ludhiana is Rs. 1000 the Following would be total cost of landing for the said goods by sea mode.
|
No. |
Description. |
Details. |
Amount(Rs.) |
|---|---|---|---|
| A. | Cost of Goods FOB China | 40×10.8×500 | 216000 |
| b | Freight Charges 15000 Per CBM for 2CBM | 2cbm | 30000 |
| C | Value for Levying Commission | A+b | 246000 |
| D | Commission of 3% on 22,6000 | 3% | 7380 |
| E | Custom Duty @35% | [C + D ] x 35% | 88683 |
| F | Social Welfare @ 10% of Custom Duty | E X 10% | 8868 |
| G | Total Cost | [C+D+E+F] | 350931 |
| H | GST on the Bill | G X 5% | 17546 |
| I | Total | [ G+H ] | 368477 |
| J | Cartage From Delhi to Ludhiana | 1000 | |
| K | Landed Cost at Doorstep | [ I+J ] | 369477 |
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