October 2022 — Question 50

What is the exception to the general rule that the notice of liquidation will be dated with the date posted electronically on www.cbp.gov?

• AThe courtesy notice of liquidation is posted electronically on www.cbp.gov seven (7) days before the date of liquidation so that importers and brokers can request an extension before the actual liquidation date.
• BReconciliation entries are not posted on the notice of liquidation with a liquidation date of the date that it is posted electronically on www.cbp.gov because only the underlying entries of a reconciliation entry liquidate, and they would have been posted on their liquidation dates.
• CThere is no exception to the general rule that the notice of liquidation will be dated with the date posted electronically on www.cbp.gov.
• DThe notice of liquidation on a warehouse entry will not be posted on the date of liquidation of the entry when merchandise is being rewarehoused as both the warehouse entry liquidation and rewarehouse liquidation will be posted on the same date, the date that the rewarehouse entry liquidated.
• EEntries that are liquidated by operation of law will be deem liquidated as of the date of the expiration of the appropriate statutory period and will be posted on www.cbp.gov when CBP determines that each entry has liquidated by operation of law and will be dated with the date of liquidation by operation of law. Category IX – Drawback✓ CBP's answer