Customs broker exam - Study guides, Class notes & Summaries

Customs Certified Specialist Exam Questions and Answers Already Passed Commissioner of (CBP) is filled by presidential nomination, subject to the advice and consent of the Senate. CBP gave rise to which of the following agencies? National Institute of Standards and Technology U.S. Coast Guard Department of Veterans Affairs not a component of the Department of Homeland Security Bureau of the Census CBP's responsibilities do not encompass Licensing imported firearms not a Homel...

Customs Broker Exam April 2023 Questions With Complete Solutions

Which of the following parties may NOT file a protest? correct answer: E. Any party to the entry of merchandise 19 CFR 174.12(a) Goods are imported under a consumption entry on January 3, 2007. The liquidation of the entry was suspended under an antidumping investigation. On October 18, 2012, CBP liquidates the entry for a duty increase. Based on the above, how long must a broker maintain a consumption entry subject to an antidumping investigation? correct answer: D. For at least five ye...

Customs Broker Exam Questions With 100% Correct Answers 2024

April 2024 Customs Broker Exam | GRADED A+

Liquidation correct answer: is when CPB finished all legal interest in the entry, it is a final accounting or disposition of an entry What entries are liquidated? correct answer: -All consumption and drawback entries What happens before warehouse entries are liquidated? correct answer: They are suspended until all goods are withdrawn and accounted for Things called "entries" that are not liquidated correct answer: - IT's- Transportation type entries (in bonds) -Temporary import ...

C. The correct entry type code for a warehouse withdrawal for AD/CVD duties is 34. From the Instructions for Preparation of CBP Form 7501 (July 24, 2012): BLOCK 2) ENTRY TYPE Warehouse Withdrawal For Consumption - 31 Quota/Visa - 32 AD/CVD - 34 Quota/Visa and AD/CVD combinations - 38 correct answer: AD/CVD 1. What is the correct entry type code for a warehouse withdrawal for antidumping/countervailing duties (AD/CVD)? A. 03 B. 21 C. 34 D. 32 E. 31 C. You would report th...

C. Column 29 - Instructions for Preparation of CBP Form 7501 correct answer: In which column on the CBP Form 7501 would you report the AD/CVD CASE Number? A. Column 27 B. Column 28 C. Column 29 D. Column 32 E. Column 34 C. 34 - Prep of 7501 Instructions, Column 29, Page 15 (B.) AD/CVD CASE correct answer: What is the correct entry type code for a warehouse withdrawal for antidumping/countervailing duties (AD/CVD)? A. 03 B. 21 C. 34 D. 32 E. 31 C. Duty 2.4% x $9875.00 = $237...

If an entry summary covers merchandise with more than one IT, where should the additional IT numbers and associated IT dates be placed? A. Block 16 B. Block 17 C. Block 25 D. Block 28 E. Block 32 correct answer: D In which Block would you record the IRS EIN, SSS, or CBP assigned number of the individual or firm to whom refunds, bills, or notices of extension or suspension of liquidation are sent? A. Block 8 B. Block 22 C. Block 23 D. Block 24 E. Block 27 correct answer:...

Ch. 1 - The U.S. Customs Service The commercial importation of goods into American Samoa is governed by? CORRECT ANSWER The Government of American Samoa. 7.2 (b) What are the Customs Territories of the United States? CORRECT ANSWER The States, District of Columbia, and the commonwealth of Puerto Rico. CFR 101.1 Where can you find Customs service ports and ports of entry? CORRECT ANSWER CFR 101.3 When merchandise is imported into the U.S. Virgin Islands, which laws govern the importatio...