CBLE Regulations and Laws 3

Question 1

Under the Generalized System of Preferences (GSP), which form is required to certify that goods qualify for preferential duty treatment?

Accepted Answer

Form A (GSP Certificate of Origin)

Answer

Form A, the GSP Certificate of Origin, is the document used to certify that merchandise qualifies for GSP preferential duty treatment.

Question 2

Which section of the Tariff Act of 1930 authorizes CBP to require a redelivery of merchandise that was released but is subsequently found to be in violation of law?

Accepted Answer

Section 499

Answer

Section 499 of the Tariff Act (19 U.S.C. 1499) authorizes CBP to demand redelivery of merchandise that was released but is later found to be inadmissible or in violation.

Question 3

A customs broker who fails to retain required entry records for the mandated five-year period may be subject to sanctions under which regulation?

Accepted Answer

19 CFR Part 163

Answer

19 CFR Part 163 sets out the recordkeeping requirements for importers and brokers, including the five-year retention mandate.

Question 4

Under the Trade Agreements Act of 1979, U.S. government agencies must procure products manufactured in the U.S. or a designated country. This requirement is known as what?

Accepted Answer

TAA compliance requirement

Answer

The Trade Agreements Act (TAA) compliance requirement mandates that government procurements come from the U.S. or designated TAA-compliant countries.

Question 5

What is the standard statute of limitations for CBP to assess additional duties (issue a demand) after the date of entry?

Accepted Answer

4 years

Answer

Under 19 U.S.C. 1504, the standard limitation period for CBP to liquidate an entry and assess duties is four years from the date of entry.

(CBLE) Customs Broker License Exam Practice Test

(CBLE) Customs Broker License Exam Practice Test

CBLE Regulations and Laws 3