6. Further Examples
35. The following tables contain further examples for varying scenarios and duty under each.
Example 1
| Facts |
|---|
| Country of Origin | Greece |
| Exporter | Venus Growers Co-operative |
| Can size | 410 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.7€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | NIFOB of NZDxxxx and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | NIFOB of NZDxxxx x0.7 = €xxxx. As the NUPFOB is the lower of the two it will apply |
| Step 3 - Calculate duty payable | NUPFOB of €xxxx/0.7 = NZDxxxx - NZD1.50 = NZDxxxx |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.7 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is less than the capped countervailing duty amount so the countervailing duty will be applied at the duty payable of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | Nil as the countervailing duty cap was greater than the duty payable, therefore there is no residual amount to be collected as anti-dumping duty |
| Therefore: - Countervailing duty | NZDxxxx/kg |
| - Anti-dumping duty | nil |
Example 2
| Facts |
|---|
| Country of Origin | Greece |
| Exporter | Venus Growers Co-operative |
| Can size | 820 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.5€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | No NIFOB exists and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | Only one rate so the NUPFOB of €xxxx /0.5 = NZDxxxx will apply |
| Step 3 - Calculate duty payable | NZDxxxx - NZD1.50 = NZDxxxx |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.5 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is greater than the capped countervailing duty amount so the countervailing duty will be applied at the capped amount of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | NZDxxxx - NZDxxxx = NZDxxxx |
| Therefore: - Countervailing duty | NZDxxxx/kg |
| - Anti-dumping duty | NZDxxxx/kg |
Example 3
| Facts |
| Country of Origin | Greece |
| Exporter | Venus Growers Co-operative |
| Can size | 820 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.7€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | No NIFOB exists and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | Only one rate so the NUPFOB of €xxxx /0.7 = NZDxxxx will apply |
| Step 3 - Calculate duty payable | NZDxxxx - NZD1.50 = No duty payable as the VFD is greater than the NUPFOB |
Example 4
| Facts |
|---|
| Country of Origin | Greece |
| Exporter | Venus Growers Co-operative |
| Can size | 820 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.63€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | No NIFOB exists and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | Only one rate so the NUPFOB of €xxxx /0.63 = NZDxxxx will apply |
| Step 3 - Calculate duty payable | NZDxxxx - NZD1.50 = NZDxxxx |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.63 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is lower than the capped countervailing duty amount so the countervailing duty will be applied at the duty payable of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | Nil as duty payable is less than the countervailing duty cap |
| Therefore: - Countervailing duty | NZDxxxx/kg |
| - Anti-dumping duty | Nil |
Example 5
| Facts |
|---|
| Country of Origin | Spain |
| Exporter | Manuel Garcia Campoy SA (also called MG Campoy) |
| Can size | 410 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.5€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | NIFOB of NZDxxxx and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | NIFOB of NZDxxxx x0.5 = €xxxx. As the NIFOB is the lower of the two it will apply |
| Step 3 - Calculate duty payable | NZDxxxx - NZD1.50 = NZDxxxx |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.5 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is greater than the capped countervailing duty amount so the countervailing duty will be applied at the capped amount of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | Does not apply as imports are from Spain therefore only subject to countervailing duty |
| Therefore: - Countervailing duty | NZDxxxx/kg |
Example 6
| Facts |
|---|
| Country of Origin | Spain |
| Exporter | Manuel Garcia Campoy SA (also called MG Campoy) |
| Can size | 820 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.63€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | No NIFOB exists and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | Only one rate so the NUPFOB of €xxxx /0.63 = NZDxxxx will apply |
| Step 3 - Calculate duty payable | NZDxxxx - NZD1.50 = NZDxxxx |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.63 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is lower than the capped countervailing duty amount so the countervailing duty will be applied at the duty payable of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | Does not apply as imports are from Spain therefore only subject to countervailing duty |
| Therefore: - Countervailing duty | NZDxxxx/kg |
Example 7
| Facts |
|---|
| Country of Origin | Greece |
| Exporter | Greek Peaches R Us |
| Can size | 820 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.5€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | Ad valorem rate of 34% and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | 34% x NZD1.50 = NZD0.51
NUPFOB of €xxxx /0.5 = NZDxxxx
NZDxxxx - NZD1.50 = NZDxxxx
As the NUPFOB is the lower of the two rates it will apply |
| Step 3 - Calculate duty payable | NZDxxxx - NZD1.50 = NZDxxxx |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.5 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is greater than the capped countervailing duty amount so the countervailing duty will be applied at the capped amount of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | NZDxxxx - NZDxxxx = NZDxxxx |
| Therefore: - Countervailing duty | NZDxxxx/kg |
| - Anti-dumping duty | NZDxxxx/kg |
Example 8
| Facts |
|---|
| Country of Origin | Malta |
| Exporter | Apples and Oranges Co |
| Can size | 410 g |
| VFD | NZD1.50/kg |
| Exchange Rate | 1NZD=0.5€ |
| Duty Calculation |
|---|
| Step 1 - Identify rates for comparison | Ad valorem rate of 11% and NUPFOB of €xxxx |
| Step 2 - Identify the lower rate | 11% x NZD1.50 = NZD0.17
NUPFOB of €xxxx /0.5 = NZDxxxx
NZDxxxx - NZD1.50 = NZDxxxx
As ad valorem duty is lower of two rates it will apply |
| Step 3 - Calculate duty payable | 11% x NZD1.50 = NZD0.17 |
| Step 4 - Convert the countervailing cap to NZD | €xxxx/0.5 = NZDxxxx |
| Step 5 - Calculate countervailing duty | Duty payable is higher than the capped countervailing duty amount so the countervailing duty will be applied at the capped rate of NZDxxxx |
| Step 6 - Calculate anti-dumping duty | Does not apply as imports are from Malta therefore only subject to countervailing duty |
| Therefore: - Countervailing duty | NZDxxxx/kg |
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