Regulations and Laws Flashcards
7 cards from real CBLE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Regulations and Laws flashcards as text
Under 19 CFR Part 174, a protest against a CBP decision must generally be filed within how many days of the date of the decision being protested?
Answer: 180 days
Under 19 U.S.C. 1514 and 19 CFR 174.12, a protest must be filed within 180 days from the date of the liquidation or other decision being contested.
The Cotton Fee, assessed under the Cotton Research and Promotion Act, applies to imported cotton and cotton products at what rate?
Answer: $0.011 per kilogram
The Cotton Fee under the Cotton Research and Promotion Act is assessed at $0.011 per kilogram on imported cotton and cotton products.
Which legal authority allows the President of the United States to impose tariffs on imports that threaten to impair national security?
Answer: Section 232 of the Trade Expansion Act of 1962
Section 232 of the Trade Expansion Act of 1962 authorizes the President to adjust imports that threaten national security.
Under USMCA (formerly NAFTA), what is the de minimis threshold for qualifying a non-originating material that does not undergo the required tariff shift?
Answer: 10% of the transaction value or net cost of the good
Under USMCA, non-originating materials that fail the tariff classification change test may still qualify if their total value does not exceed 10% of the transaction value or net cost of the good.
Under 19 CFR 152.103, the transaction value of imported merchandise is the price actually paid or payable, adjusted by adding which of the following if not already included?
Answer: Selling commissions, assists, royalties, and proceeds of resale
Transaction value additions under 19 CFR 152.103 include selling commissions, assists, royalties and license fees, and any proceeds of subsequent resale accruing to the seller.
A customs broker discovered that a prior entry contained an error that resulted in an underpayment of duties. Under the 'reasonable care' standard, the broker should advise the importer to file a what?
Answer: Prior Disclosure under 19 U.S.C. 1592(c)(4)
A Prior Disclosure under 19 U.S.C. 1592(c)(4) significantly reduces penalties and is the appropriate mechanism when an importer discovers and voluntarily reports an underpayment before CBP initiates a formal inquiry.
Under the Importer Security Filing (ISF) regulations (19 CFR Part 149), who is the responsible party for filing the ISF 10+2?
Answer: The importer of record
The importer of record (or their agent) is the responsible party for filing the ISF 10+2, though they may authorize a licensed customs broker to file on their behalf.