Customs Broker License Tests Bundle Set

What are the general authority and powers of the Comptroller Of Customs CORRECT ANSWER General management and administration of the Customs Authority Compounding of offenses Prescribe rules for designated Customs controlled areas Exercise powers and perform the duties of the Minister unde...

Customs Broker questions with correct answers

Within how many days must an entry summary be filed after date of entry? CORRECT ANSWER Entry Summary must be filed within 10 working days of date of entry How many days does a principal (importer) have from date of notice to remedy a deficient bond? CORRECT ANSWER A principal (importer) has 30 d...

Custom Broker CORRECT ANSWER A person license to transact customs business on behalf of others Customs business involves transactions with customs concerning: CORRECT ANSWER Entry admissibility Classification payment of duties, fees preparation of documents District CORRECT ANSWER The ge...

The failure of a corporate broker to have at least one officer of the corporation with a valid individual broker's license during any continuous period of days may result in the revocation (by operation of law) of the license and any permits issued to the corporation. A. 180 B. 30 C. 100 D. 120...

All of the following are General exceptions to Country of Origin marking requirements EXCEPT: CORRECT ANSWER Articles which were produced 15 years prior to their importation into the United States Articles without country of origin marking, as required, shall be subject to additional duties of __...

Ch. 1 - The U.S. Customs Service The commercial importation of goods into American Samoa is governed by? CORRECT ANSWER The Government of American Samoa. 7.2 (b) What are the Customs Territories of the United States? CORRECT ANSWER The States, District of Columbia, and the commonwealth of Puerto...

Entry documents must be filed within _____________ calendar days of the date that a shipment arrives in the United States. A. 5 B. 7 C. 10 D. 15 E. 30 CORRECT ANSWER D REFERENCE Ace Business Rules Section 1.3 Entry Filing If there is a difference of less than $20.00 between the total ...

WTO CORRECT ANSWER World Trade Organisation : Transactional Value on Price Actually Paid or Payable EPA CORRECT ANSWER Economic Partnership Agreement is an economic arrangement that eliminates barriers to the free movement of goods, services, and investment between countries. WCO CORRECT ANSWE...

Whose bond is liable when merchandise is delivered directly to a container station from an importing carrier before merchandise is formally receipted? CORRECT ANSWER-Importing Carrier Which regulation discusses U.S. Customs and Border Protection's (CBP) authority to require Customs bonds? CORREC...

What is the quantity to be inspected upon examination? CORRECT ANSWER-One out of 10 or not less than one per invoice What do you file at the time of entry if your manifest quantity does not equal the actual quantity? CORRECT ANSWER-A customs form 5931 Duty and quota are based on what? CORRECT ...