How to compute VFD (Value for duty) and VFT (Value for tax)?
Price time multiplied with exchange rate = VFD
Example : 11,56 (Price item) x 1.4388 (exchange rate) = 16.63 (VFD)
Price item multiplied with exchange rate plus duty rate = VFT
Example : 11,56 (Price item) x 1.4388 (exchange rate) = 16.63 (VFD)
16.63 (VFD) x 8% (DUTY RATE) = 17.96
16.63 + 17.96 = 34.59 (VFT)
Note: if the duty rate is zero then VFT will be the same as VFD amount (TOT)