Trade Agreements and Programs 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 Trade Agreements and Programs flashcards as text
Under USMCA, how long must an importer retain records supporting a preferential tariff claim?
Answer: 5 years from the date of importation
USMCA requires importers to retain all records supporting a claim for preferential tariff treatment for a minimum of 5 years from the date of importation.
If an importer discovers that a preferential tariff claim was made incorrectly after the entry has been liquidated, what is the correct course of action?
Answer: File a protest within 180 days of liquidation
After liquidation, an importer can contest CBP's tariff determination by filing a protest under 19 USC 1514 within 180 days of the date of liquidation.
Under USMCA, a US importer may make a claim for preferential treatment based on the importer's own knowledge. This is known as:
Answer: Importer knowledge certification
USMCA allows importers to certify origin based on their own knowledge of the goods' origin, in addition to obtaining a certification from the exporter or producer.
CBP may conduct a verification of a USMCA preference claim by sending a questionnaire to the exporter or producer. If the exporter or producer does not respond within the specified timeframe, CBP may:
Answer: Deny preferential treatment for all future shipments of that good
If an exporter or producer fails to respond to a USMCA verification questionnaire within the required time, CBP may deny preferential tariff treatment for all future shipments of that good.
A US importer claimed GSP duty-free treatment at entry but later discovered the supplier's country had been removed from GSP eligibility before the date of importation. The correct action is to:
Answer: File a post-entry amendment to remove the GSP claim and pay duties owed
If GSP eligibility was lost before the entry date, the claim is invalid and the importer must correct the entry via post-entry amendment (19 CFR 10.112) and pay the applicable duties.
Under USMCA, the certification of origin may be on:
Answer: Any document, provided it contains the required data elements
Unlike NAFTA's required Form 434, USMCA allows the certification to appear on any document (invoice, letter, etc.) as long as it contains all nine required data elements.
An importer claims USMCA preference on a shipment of auto parts. CBP requests a verification from the Mexican producer, who authorizes CBP to conduct a plant visit. The plant visit reveals the parts do not meet USMCA rules of origin. CBP will:
Answer: Deny the preference claim and assess unpaid duties plus interest; may also issue penalties
When verification reveals non-qualifying goods, CBP denies the preference claim, collects unpaid duties with interest, and may assess penalties under 19 USC 1592 for false statements.