CAPT 08 2c LIQUIDACION DE TRIBUTOS PARTE 3 EJERCICIO

Introduction to Import Tax Calculation

Overview of the Exercise

• Adolfo Carreño welcomes participants to a logistics course focused on calculating import duties for a shipment of 8,000 sandals from China at a unit value of $1.10.

Details of the Shipment

• The sandals fall under tariff category 6402, which incurs an 11% VAT and a 30% exemption upon presentation of a certificate of origin. Additionally, there is an anti-dumping fee of $0.62 per unit.

• The total freight cost for shipping in a 20-foot container is $15,500, with an insurance premium of $45.

Structure of Import Duties

Breakdown of Costs

• The core structure for calculating import taxes includes the taxable base (imponible amount), ad valorem tax, selective consumption tax (ISC), VAT (IGB), and additional fees like anti-dumping.

Calculating the Imponible Amount

• The imponible amount is calculated as:

• FOP value ($1.10 * 8,000 units = $8,800)

• Plus freight ($15,500)

• Plus insurance ($45)

• Totaling to $10,345.

Tax Calculations

Ad Valorem Tax Calculation

• With a 30% exemption applied to the ad valorem tax:

• Payable amount = 70% * 11% * $10,345 = $796.56.

Selective Consumption Tax (ISC)

• ISC calculation involves adding IGB and IPM:

• Total = IGB + IPM = 18% * ($10,345 + $796.56).

Finalizing Taxes

Anti-Dumping Fee Calculation

• The anti-dumping fee totals:

• Anti-dumping fee = $0.62/unit * 8,000 units = $4,960.

Perception Calculation

• Perception is calculated as:

• Total perception = (Total costs including all taxes and fees)*3.5%.

Total Payment Summary

Overall Cost Analysis

• Total payment required for importing goods sums up to:

• Total payable: sum($796.56 + $2,005.48 + $4,960 + perception).

Cost Breakdown in Peru

Identifying Cost Components

• Key components contributing to product cost include:

• Imponible amount,

• Value,

• Anti-dumping fee.

Non-Recoverable Taxes

• IGB and IPM are recoverable taxes; thus they do not contribute to product cost.

Final Product Cost Calculation

Determining Unit Cost

• Final product cost calculation yields:

• Costo del producto = Imponible amount + non-recoverable taxes.

Unit Price Evaluation

• Unit price comes out to be approximately:

• Costo por unidad = total cost / number of units ($16,101 / 8,000).

Conclusion on Import Costs

Comparison with FOP Value

• Comparing final costs reveals that the factor by which costs increased from FOP value ($1.10):

• Factor de importación ≈ final unit price / FOP value ≈ 1.82 times increase in cost due to imports.

This concludes the detailed breakdown and analysis regarding import taxation calculations presented by Adolfo Carreño during this session on logistics and customs duties related to importing goods into Peru.