April 2018 — Question 19

Company A imported seven ball bearings with integral shafts from Germany, which are classified under subheading 8482.10.1080, Harmonized Tariff Schedule of the United States, at a 2.4 percent ad valorem duty rate and are subject to antidumping duties. The ball bearings are shipped by air and formally entered at John F. Kennedy International Airport. The total value of the shipment is $5,798.00. The applicable antidumping duty cash deposit rate is 68.89 percent. What are the total amount of fees and estimated duties that should be reported on CBP Form 7501?

A$4,019.24
B$3,994.24
C$4133.39
D$4,158.39✓ CBP's answer
E$164.15

Why this answer

CBP publishes the key, not the reasoning. Our written explanation of why this answer is right — and which rule decides it — comes with a free account.

Read the explanation — freeNo password. One emailed code.

CBP's cited authority

§ Prep of 7501 Instructions§ HTSUS 8482.10.1080/2.4% (Value $ 5798.00). Duty = $5798.00 x 2.4% = $139.15§ MPF = $5798.00 x .3464% = $20.08§ reverts to minimum of $25.00§ ADD/CVD = $ 5798.00 x 68.89% = 3994.24. Total = Duty $139.15 + MPF $25.00§ ADD/CVD $ 3994.24 = 4158.39

Answer and citations as published in CBP's official answer key for the April 2018 examination.

Reading answers is easy. The exam is 80 of these in 4.5 hours.

Pass rates run 12–30%. Find out in 15 minutes whether you'd clear the 75% line today — free, no signup.

Would you pass today? →Drill Anti-Dumping & Countervailing Duties Take April 2018 timed

Would you pass today? Free 15-min diagnostic →