Broker and Importer Compliance Flashcards
7 cards from real CCS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Broker and Importer Compliance flashcards as text
Under 19 CFR Part 111, a customs broker must report a change in its business address to which CBP office within how many days?
Answer: The port director within 30 days
19 CFR 111.19 requires brokers to notify the port director of any address change within 30 days.
An importer who fails to file a protest within the statutory timeframe for a CBP liquidation decision generally loses the right to:
Answer: Challenge the liquidation in the Court of International Trade
Failure to file a timely protest bars the importer from challenging the liquidation before the Court of International Trade.
Which of the following correctly describes the 'first sale' valuation method available to US importers?
Answer: Using the price paid in the earliest identified sale in the chain of commerce destined for US export
First sale valuation uses the price of the earliest qualifying sale in the supply chain directed to the US, typically the factory-to-middleman price, to reduce dutiable value.
Under the reasonable care standard, an importer sourcing goods from a new foreign supplier should at minimum:
Answer: Conduct due diligence including reviewing supplier documents and verifying country of origin
Reasonable care requires importers to conduct supplier due diligence and verify origin and classification, not simply delegate all responsibility to the broker.
CBP's Focused Assessment program targets importers for review based primarily on:
Answer: Risk indicators such as high duty payment volume or prior violations
Focused Assessments are risk-based, targeting importers with high duty exposure, prior compliance issues, or other risk indicators identified by CBP.
A customs broker who prepares an entry with a materially false tariff classification at the direction of the importer may face penalty exposure under:
Answer: 19 USC 1641 for broker misconduct, independently of the importer's liability
19 USC 1641 allows CBP to penalize a broker independently for preparing or filing false documents, even if acting on client instructions.
When CBP liquidates an entry, the notice of liquidation is posted on CBP's bulletin board, and the statutory protest period of 180 days begins on:
Answer: The date of the bulletin board posting of liquidation
The 180-day protest period under 19 USC 1514 runs from the date of posting of the bulletin board notice of liquidation.