CBLE Tariff Classification and Valuation 3

Question 1

The 'essential character' test under GRI 3(b) is used to classify:

Accepted Answer

All of the above

Answer

GRI 3(b) applies essential character analysis to mixtures, composite goods, and sets put up for retail sale when classification cannot be determined by GRI 3(a).

Question 2

Under the transaction value method, 'related party' transactions are acceptable when:

Accepted Answer

The transaction value closely approximates a test value

Answer

Related-party transaction values are accepted if they closely approximate deductive value, computed value, or the transaction value of identical/similar merchandise sold to unrelated buyers.

Question 3

Which section of the HTSUS covers the legal notes establishing the framework for classification?

Accepted Answer

Chapters 1–97 with their section and chapter notes

Answer

The classification framework is established by the section notes and chapter notes embedded within Chapters 1–97, which are legally binding under GRI 1.

Question 4

An importer disputes CBP's classification of imported goods. The correct administrative remedy is to file:

Accepted Answer

A protest under 19 USC 1514

Answer

A protest under 19 USC 1514 is the administrative remedy to challenge CBP's liquidation decisions including classification and rate of duty.

Question 5

Computed value under 19 USC 1401a(e) is based on the sum of:

Accepted Answer

Material costs + general expenses + profit + packing

Answer

Computed value equals the cost of materials and fabrication, plus general expenses and profit usually reflected in sales of the same class or kind, plus packing costs.

(CBLE) Customs Broker License Exam Practice Test

(CBLE) Customs Broker License Exam Practice Test

CBLE Tariff Classification and Valuation 3