| (I) |
Let C&F price of imported cotton
be |
100.00
|
| (ii) |
Insurance charges paid to the shipping
company
@ 0.20 % of the invoice value |
0.20
|
| (iii) |
Fumigation charges @ Rs. 20 per bale of 220
kg |
0.15
|
| (iv) |
ETO (Excise and Taxation Office) charges
@
0.5 % of invoice value |
0.50
|
| (v) |
Terminal handling charges @ Rs. 8,500 per
container
of 80 bales or 17,600 kg |
0.79
|
| (vi) |
Wharfage charges by Karachi Port Trust @ Rs.
5,500 per container of 80 bales or 17,600 kg |
0.51
|
| (vii) |
Clearing and forwarding agent’s commission @
0.5 % of invoice value |
0.50
|
| (viii) |
Letter of credit opening charges by bank@ 0.35
%
of invoice value |
0.35
|
| (ix) |
Insurance charges from port to spinner’s
warehouse
@ Rs. 750 per container of 80 bales or 17,600 kg |
0.07
|
| (x) |
Miscellaneous expenses |
0.25
|
| (xi) |
Total charges from (ii) to (x) |
3.32
|
| (xii) |
Final import price (I) + (xi) |
103.32
|