Ms bro - Study guides, Class notes & Summaries

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 D REFERENCE Ace Business Rules Section 1.3 Entry Filing If there is a difference of less than $20.00 between the total amount of duties, taxes, and fees, including interest in the original liquidation, pertaining to a Post Summary Correction, U.S. Customs and Border Protection (CBP) has the authority to disregard the difference and l...

Customs Brokerage Exam Questions With 100% Correct Answers 2024

If an entry summary covers merchandise with more than one IT, where should the additional IT numbers and associated IT dates be placed? A. Block 16 B. Block 17 C. Block 25 D. Block 28 E. Block 32 correct answer: D In which Block would you record the IRS EIN, SSS, or CBP assigned number of the individual or firm to whom refunds, bills, or notices of extension or suspension of liquidation are sent? A. Block 8 B. Block 22 C. Block 23 D. Block 24 E. Block 27 correct answer:...

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 days from date of notice to remedy a Deficient bond How many days does a principal (importer) have to notify CBP of a significant Change in Bond info CORRECT ANSWER Principle (importer) has 30 days ...

BAHAMAS CUSTOMS BROKERAGE COURSE OVERVIEW

April 2024 Customs Broker Exam | GRADED A+

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 under CMA What does EPA stand for? And what does the EPA do for Bahamian trade? CORRECT ANSWER Economic Partnership Agreement EPA creates a Free Trade Agreement between the EU and the African, Caribbe...

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 under CMA What does EPA stand for? And what does the EPA do for Bahamian trade? correct answer: Economic Partnership Agreement EPA creates a Free Trade Agreement between the EU and the African, Car...

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 amount of duties, taxes, and fees, including interest in the original liquidation, pertaining to a Post Summary Correction, U.S. Customs and Border Protection (CBP) has the authority to disregard the ...

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? CORRECT ANSWER-19 CFR, Part 113 What type of bond is needed to operate as a custodian of bonded merchandise? CORRECT ANSWER-Bond Type 2 A bond principal receives written notice from Customs and Border...