Customs Guides d'étude, Notes de cours & Résumés

What are the general authority and powers of the Comptroller Of Customs correct answer: General management and administration of the Customs Authority Compounding of offenses Prescribe rules for designated Customs controlled areas Exercise powers and perform the duties of the Minister under CMA What does EPA stand for? And what does the EPA do for Bahamian trade? correct answer: Economic Partnership Agreement EPA creates a Free Trade Agreement between the EU and the African, Car...

This is defined as something that furnishes proof - Answer-Evidence What is the value of physical evidence? - Answer--Proves a violation has occurred -Answers key questions -Links a suspect with the area of discovery -Exonerates the innocent What are the three types of physical evidence? - Answer-1) Items 2) Impressions 3) Remnants What are the three common areas of discovery that CBP encounter on duty? - Answer-1) Persons 2) Conveyances 3) Cargo What three questions must you ...

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:...

All of the following are General exceptions to Country of Origin marking requirements EXCEPT: CORRECT ANSWER Articles which were produced 15 years prior to their importation into the United States Articles without country of origin marking, as required, shall be subject to additional duties of _____ percent of the final appraised value unless exported or destroyed under Customs supervision prior to liquidation of the entry. CORRECT ANSWER 10 Citation: 134.2 All of the following are par...

Customs And Border Protection Exam #8 Questions And Answers This is defined as something that furnishes proof Evidence What is the value of physical evidence? -Proves a violation has occurred -Answers key questions -Links a suspect with the area of discovery -Exonerates the innocent What are the three types of physical evidence? 1) Items 2) Impressions 3) Remnants What are the three common areas of discovery that CBP encounter on duty? 1) Persons 2) Conveyances 3) Carg...

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 ...

Entry documents must be filed within _____________ calendar days of the date that a shipment arrives in the United States. A. 5 B. 7 C. 10 D. 15 E. 30 correct answer: D REFERENCE Ace Business Rules Section 1.3 Entry Filing If there is a difference of less than $20.00 between the total amount of duties, taxes, and fees, including interest in the original liquidation, pertaining to a Post Summary Correction, U.S. Customs and Border Protection (CBP) has the authority to disregard th...

CUSTOMS AND BORDER PROTECTION EXAM #8 QUESTIONS WITH 100% CORRECT SOLUTIONS!!

Whose bond is liable when merchandise is delivered directly to a container station from an importing carrier before merchandise is formally receipted? CORRECT ANSWER-Importing Carrier Which regulation discusses U.S. Customs and Border Protection's (CBP) authority to require Customs bonds? CORRECT ANSWER-19 CFR, Part 113 What type of bond is needed to operate as a custodian of bonded merchandise? CORRECT ANSWER-Bond Type 2 A bond principal receives written notice from Customs and Border...

The failure of a corporate broker to have at least one officer of the corporation with a valid individual broker's license during any continuous period of days may result in the revocation (by operation of law) of the license and any permits issued to the corporation. A. 180 B. 30 C. 100 D. 120 E. 90 CORRECT ANSWER D. 120 19 CFR 111.45(a) CUSTOMS BROKERS Revocation by operation of law. Records of broker-related financial transactions must be retained for at least . A. 2 years B. 5 ...