Customs Formula: Duties, Taxes, and Other Charges

INTRODUCTION:

This is a Python package that I personally made to compute the customs duties, taxes, and other charges. A sample Command-Line Interface (CLI) calculator project using this package will be posted on my GitHub repo soon. Further improvements will be made on this.

NOTES:

These are the duties, taxes, and other charges that will be computed by using this package:

Note: The package is still incomplete since it does not handle the situations where there are missing components and the backward computation of each computation.

Total Landed Cost

• Formal Entry
  • Sea
  • Air
• Informal Entry
  • Sea/Air

Components of Landed Cost

• Dutiable Value (DV)
  • Sea
  • Air
• Customs Duty (CUD)
• Bank Charge (BC)
• Brokerage Fee (B/F)
  • Formal Entry
• Arrastre Charge (A/C)
  • Outports
    • Shipside
    • Pierside
  • Port of Manila (POM) and Manila International Container Port (MICP)
    • Containerized Cargo (FCL)
      • Import
      • Export
      • Shut-out Export
    • Bulk or Break-bulk Cargo (LCL)
      • Import
      • Export
    • Containerized Dangerous Cargo
      • Class 1, 6, and 8
      • Class 2, 3, 4, and 7
      • Class 5 and 9
• Wharfage Due (W/D)
  • Outports
    • Shipside
    • Pierside
  • Port of Manila (POM) and Manila International Container Port (MICP)
    • Containerized Cargo (FCL)
      • Import
      • Export
    • Bulk or Break-bulk Cargo (LCL)
      • Import
      • Export
    • Containerized Dangerous Cargo
      • 20 Footer Container
      • 40 Footer Container
• Import Processing Fee (IPF)
• Customs Documentary Stamp (CDS)
  • Formal Entry
  • Informal Entry

Value-Added Tax (VAT)

• Excise Tax Shipments
• Non-Excise Tax Shipments

Summary of Payments (SOP)

• Covered by Letter of Credit (L/C)
• Covered by Non-Letter of Credit
• Covered by Informal Entry

Container Security Fee (CSF)

• 20 Footer Container
• 40 Footer Container

Pro-Rata

• Individual Freight
• Individual Insurance
• Individual Dutiable Value
• Individual Miscellaneous Expense