Home / October 2024 CBLE / Question 49

The life cycle of an entry: release, payment, PSC, liquidation, protest

October 2024 examEntry/Entry SummaryQuestion 49 of 80

Consumption entry ABC-1234567-8 has been submitted to CBP after the importer had entered and received the merchandise. Upon receiving the merchandise, the importer realized they erred in reporting the imported quantity amount and fixed the consumption entry. Once CBP liquidated the entry, the importer asserted that CBP incorrectly assessed antidumping duties on the consumption entry. The below list represents the steps in the life cycle of the entry. Choose the answer that puts the steps in the correct order of occurrence: I. Liquidation II. Estimated duty payment III. Customs release IV. Post summary correction V. Protest under 19 USC 1514

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CBP answer key: Answer A · 19 CFR Parts 141, 142, 159, 175; ACE BRPD Chapters 1 and 6Source: CBP past exams ↗