CCS Broker and Importer Compliance 4

Question 1

Under 19 CFR Part 111, a customs broker must report a change in its business address to which CBP office within how many days?

Accepted Answer

The port director within 30 days

Answer

19 CFR 111.19 requires brokers to notify the port director of any address change within 30 days.

Question 2

An importer who fails to file a protest within the statutory timeframe for a CBP liquidation decision generally loses the right to:

Accepted Answer

Challenge the liquidation in the Court of International Trade

Answer

Failure to file a timely protest bars the importer from challenging the liquidation before the Court of International Trade.

Question 3

Which of the following correctly describes the 'first sale' valuation method available to US importers?

Accepted Answer

Using the price paid in the earliest identified sale in the chain of commerce destined for US export

Answer

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.

Question 4

Under the reasonable care standard, an importer sourcing goods from a new foreign supplier should at minimum:

Accepted Answer

Conduct due diligence including reviewing supplier documents and verifying country of origin

Answer

Reasonable care requires importers to conduct supplier due diligence and verify origin and classification, not simply delegate all responsibility to the broker.

Question 5

CBP's Focused Assessment program targets importers for review based primarily on:

Accepted Answer

Risk indicators such as high duty payment volume or prior violations

Answer

Focused Assessments are risk-based, targeting importers with high duty exposure, prior compliance issues, or other risk indicators identified by CBP.

(CCS) Certified Customs Specialist Practice Test

(CCS) Certified Customs Specialist Practice Test

CCS Broker and Importer Compliance 4