Anti-Dumping & Countervailing Duties
April 2021 — Question 42
Goods are imported under a consumption entry on January 3, 2020. Estimated duties are deposited. On October 18, 2020, CBP liquidated the entry and assessed more duty than was deposited. A bill was issued to the importer of record. The importer of record paid the bill on time. Based on the above, which of the following is TRUE?
- AThe broker must maintain a consumption entry subject to an antidumping investigation until the entry liquidates.
- BThe broker must maintain the consumption entry subject to an antidumping investigation for five years after the entry liquidates.
- CThe broker must maintain the consumption entry subject to an antidumping investigation for three years after the entry liquidates.
- DThe broker must maintain the consumption entry subject to an antidumping investigation for five years after the date of entry.✓ CBP's answer
- EThe broker must maintain the consumption entry subject to an antidumping investigation for five years after the date of creation of the entry. Category VIII – Bonds
CBP's cited authority
§ 19 CFR § 163.4(a)(1)
Answer and citations as published in CBP's official answer key for the April 2021 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.