October 2021 — Question 50

John Brown imported eight ball bearings with integral shafts from Germany, which are classified under subheading 8482.10.10, HTSUS, at a 2.4% ad valorem duty rate and 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 $8,605. The applicable antidumping duty case deposit rate is 57.36%. What is the total amount of fees and estimated duties that should be reported on the CBP Form 7501?

A$206.52
B$4960.83
C$4965.64
D$5142.35
E$5172.16 Category X - Intellectual Property Rights✓ CBP's answer

CBP's cited authority

§ Duty 2.4% x $8605 = $206.52§ MPF .3464% X $8605 = $29.81§ ADD 57.36% x $8605 = $4935.83§ TOTAL $ 5172.16

Answer and citations as published in CBP's official answer key for the October 2021 examination.

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