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Valuation & Appraisement

April 2025 — Question 68

Diane Baker is a licensed customs broker who executed a general power of attorney with Olympic Imports. Throughout 2024, Diane filed quota warehouse withdrawal entries (entry type 32) on behalf of Olympic Imports for various steel tubes subject to an absolute quota. Olympic Imports has provided Diane with paperwork from its manufacturer for a new shipment of steel tubes due to arrive on December 14, 2024. Per CBP, the absolute quota for steel pipes has been filled for 2024 and is closed. The next quota period opens on January 1, 2025. Which answer best describes how Diane must dispose of the steel tubes arriving on December 14, 2024?

CBP's cited authority

§ 19 CFR 132.5(a)§ 19 CFR 132.5(c)§ 19 CFR 19.1(a)

Answer and citations as published in CBP's official answer key for the April 2025 examination.

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