Win Ltd imports smart phones for resale. In March 2018, it imported 1,000 smart phones and received the following pro-forma invoice:

                                                                                                                                 RMB

Free on board (FOB) price for 1,000 smart phones                                               1,500,000

Insurance                                                                                                                10,000

Freight charges                                                                                                        4,000

After the smart phones arrived at the Shanghai port, Win Ltd paid a delivery charge of RMB1,000 for transporting the smart phones to a warehouse. The customs duty rate is 10%.

What is the amount of customs duty payable by Win Ltd?