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October 2024, question 44

Entry / Entry Summary · Foreign-trade zones, warehouses and in-bond

The operator of a foreign trade zone has _____ calendar days to prepare an annual reconciliation report after the end of the zone/subzone year, unless the port director authorizes an extension for reasonable cause.

  1. 30
  2. 60
  3. 90
  4. 120
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CBP's answer: C. C: 90

The zone operator prepares the reconciliation report within 90 days after the end of the zone or subzone year, unless the port director allows an extension for reasonable cause (C). It need not be sent to CBP unless requested.

The operator shall prepare a reconciliation report within 90 days after the end of the zone/subzone year 19 CFR 146.25(a)

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CBP's key cites: 19 CFR 146.25(a)

Question and key from CBP's October 2024 exam and answer key. The walk-through is ours; quotes are from the pinned editions in the reference viewer (HTSUS 2026 Basic, 19 CFR 2025 edition).