How can calculate Total Tax Incidence for Bangladesh Customs

.      How can calculate Total Tax Incidence (TTl)?

If importing invoice value is $ 38,780.82. Calculate TTI under Terms FOB,CIF/CFR.

When,

Exchange rate Tk 79.47=1$

AV= Assess Value=?

CD = Customs Duty = 25%

RD =Regulatory Duty = 3%

SD =Supplementary Duty = 20%

VAT = Value Added Tax =15%

AIT= Advance Income Tax = 5%

ATV = Advance Trade VAT = 4%

FOB/ CFR: AV= Inv. Value +Freight+Insurance+Landing Charges

CIF/: AV= Inv. Value + Landing Charges

Now, CalculateAssess Valueunder CFR:

Assess Value:

Invoice Value                          $ 38,780.82

(+)  Insu. 1%                           $387.81 

                                                $ 39,168.53

(+) Landing Charge  1%         $ 391.69

Assess Value:                         $ 39,560.21

Convert TK 79.47/1$              Tk 31,43,714.59 (1 is adjusted)

CD      = (AV X CD %)         = ($31,43,714.59 X 25%)       = TK 7,85,928.65

RD      = (AV X RD% )         = ($31,43,714.59  X 3%)        = TK 94,311.48

SD       = {(AV+CD+RD) X SD %}

= {($ 31,43,714.59+7,85,928.65+94,311.48) X 20%}

=  TK8,04,790.94

VAT   = {(AV+CD+RD+SD) X VAT %}

= {($31,43,714.59+7,85,928.65+94,311.48+8,04,790.94) X 15%}

= TK 7,24,311.84

AIT     = (AV X AIT %)        =(31,43,714.59  X 5%)           = TK 1,57,185.73

*ATV= [{(AV+CD+RD+SD) + 26.67 % or X 1.2667} X ATV %]

= [{($31,43,714.59 +7,85,928.65+94,311.48+8,04,790.94) X 26.67%} X 4% ]

=  61,16,572.08 X 4 %

= TK 2,44,662.88

We Know That,

TTI = (CD+RD+SD+VAT+AIT+ATV)

So, TTI under CIF Terms =(CD+RD+SD+VAT+AIT)

= {(7,85,928.65+94,311.48+8,04,790.94+7,24,311.84+1,57,185.73)

= Tk 25,66,528.60 (ans)

Note: * ATV is applicable for only Indenter.*(CD+RD+SD+VAT+AIT+ATV) are changeable by HS CODE.