STUDY BOOK LATEST UPDATE 2025
Business or Working Day - ANSWER A "business" or "working" day means a weekday
(monday through Friday), leaving out saturdays, sundays, and the following national
holidays:
1st of January
3rd Monday of January
3rd Monday of February
Last Monday of May
4th day of July
1st Monday of September
2nd Monday of October
11th day of November
4th Thursday of November
25 day of December
Customs Territory of the United States - ANSWER This includes only the Fifty States,
the District of Columbia, and Puerto Rico.
Date of Importation: - ANSWER
Vessel - ANSWER The date on which the vessel arrives within the limits of the port with
the intent to unlade.
Non-vessel - ANSWER The date on which the goods arrive within the customs Territory
of the United States
Date of Entry - ANSWER The "date of entry" or " time of entry" of imported merchandise
in when CBP releases the goods, but the facts may tell you there is a different effective
date or time of entry.
Duties - ANSWER CBP duties, according to the classification and Harmonized Tariff
System of the United States, are any internal revenue taxes attach upon importation.
-The consignee
-The owner
-The customs broker
What does mutually exclusive means when referring to importer? - ANSWER This
means that only one of these can be the importer, and as soon as one becomes the
"importer" by filing an entry, the other are no longer considered.
-The consignee
-The owner