COSTING OF COPPER PLATES 99.

90% PER MT (IMPORT HS CODE 7409-1900)

1. LME Rate Dated: 16/09/2021 in shape of

ingot = (9400 $ x 168) Per MT = Rs 1,579,200/-

2. LME Freight Cost = 110$ x 168 Per MT = Rs 18,480/-

3. Manufacturing Cost of conversion of ingot in to

copper plates 10% of LME Cost = 940 $ x 168 per MT = Rs 157,920/-

4. Bank LC Opening Charges (1%) of 1755600 = Rs 17,556/-

5. Bank Margin Cost (2.5%) of 1725735 = Rs 43,890/-

Total LME Cost of Copper Plates per Metric Ton = Rs 1,817,046/-

Note: LME is the basic raw material in ingot shape any buyer wants to buy in another
shape following above expenses will accrued.

DUTY STRUCTURE AS PER FOLLOWING WEBSITE UTRADE.COM.PK:

1. Custom Duty Rs 1,817,046 x 15% = 272,556+ 1,817,046 = Rs2,089,602/-

2. Sales Tax Rs 2,089,602x 16% = 334,336 + 2,089,602 = Rs 2,388,391/-

3. Advance Income Tax 2,388,391 x 5% = 119,419 + 2,388,391 = Rs 2,507,810/-

4. Value Added Sale Tax 2,507,810 x 5% = 125,390 + 2,507,810 = Rs 2,633,200/-

5. 1.5% clearing & forwarding charges + insurance charges+

transportation charges (from Karachi port to buyer warehouse). = Rs 39,498/-

Total FOR cost per Metric Ton landed cost of

Copper Plates at Karachi port = Rs 2,672,698/-

Total Per KG Cost including all expenses i.e

(All Govt Duties + Bank LC Opening Charges + FOR+ Bank Margin) = Rs 2,672/-

QUANTITY AND SIZE OF OUR COPPER PLATES LAYING AT OUR WAREHOUSE:

(OUR MATERIAL IS JAPAN ORIGIN)

QUANTITY SIZE
6.285 Metric Tons 1220x610 5mm
4.674 Metric Tons 1220x610 10mm