CBP / BPA CBP Trade & Tariff Regulations

Question 1

What is the primary legal authority that governs the collection of customs duties by CBP?

Accepted Answer

The Tariff Act of 1930

Answer

The Immigration and Nationality Act

Answer

The Trade Agreements Act of 1979

Answer

The Customs Modernization Act of 1993

Question 2

The Harmonized Tariff Schedule of the United States (HTSUS) is used by CBP officers to perform which function?

Accepted Answer

Classify imported goods and determine the applicable duty rate

Answer

Screen passengers for immigration violations

Answer

Calculate fees for export licenses

Answer

Identify prohibited agricultural products

Question 3

Under CBP regulations, what is the current de minimis threshold below which imported goods are generally exempt from customs duties?

Accepted Answer

$800

Answer

$200

Answer

$1,000

Answer

$2,500

Question 4

What is the term for the fraudulent practice of shipping goods through a third country to disguise their true country of origin and avoid higher tariffs?

Accepted Answer

Transshipment fraud

Answer

Tariff engineering

Answer

Customs evasion

Answer

Country of origin switching

Question 5

Which CBP program allows importers to receive advance rulings on tariff classification, country of origin, and valuation before importing goods?

Accepted Answer

Binding Ruling Program

Answer

Customs Trade Partnership Against Terrorism (C-TPAT)

Answer

Importer Self-Assessment (ISA)

Answer

Automated Broker Interface (ABI)

Question 6

What is the primary purpose of a CBP Entry Summary (CBP Form 7501)?

Accepted Answer

To formally declare imported merchandise and calculate duties owed

Answer

To document the chain of custody for seized goods

Answer

To apply for a trusted trader certification

Answer

To report suspected smuggling to ICE