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Duties, MPF, HMF and calculations

Counts toward CBP's Valuation, Appraisement and Duty Assessment category. 16 of the 480 released past questions are on this topic.

Where to look: 19 CFR Part 24.

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Practice questions

  1. Which section of 19 CFR is titled "Miscellaneous claims"?

    1. § 24.13a
    2. § 24.3
    3. § 24.72
    4. § 24.73
    Answer

    D. § 24.73 in Part 24 (customs financial and accounting procedure) is titled "Miscellaneous claims".

    19 CFR › Part 24 › § 24.73

  2. Which section of 19 CFR is titled "Claims; set-off"?

    1. § 24.14
    2. § 24.16
    3. § 24.24
    4. § 24.72
    Answer

    D. § 24.72 in Part 24 (customs financial and accounting procedure) is titled "Claims; set-off".

    19 CFR › Part 24 › § 24.72

  3. Which part of 19 CFR is titled "Customs financial and accounting procedure"?

    1. Part 24
    2. Part 103
    3. Part 112
    4. Part 176
    Answer

    A. 19 CFR Part 24 is titled "Customs financial and accounting procedure".

    19 CFR › Part 24

  4. Who owes the ad valorem merchandise processing fee on a formal entry, and when?

    1. The importer of record, at the time of presentation of the entry summary
    2. The importer of record, at the time of release from CBP custody
    3. The surety, at the time of liquidation
    4. The carrier, at the time of presentation of the entry summary
    Answer

    A. Section 24.23(b)(1)(i)(A) makes the fee payable by the importer of record when the entry summary is presented.

    19 CFR 24.23(b)(1)(i)(A)

  5. Under which statute is the value on which the ad valorem merchandise processing fee is based determined?

    1. 19 U.S.C. 1484
    2. 19 U.S.C. 1500
    3. 19 U.S.C. 1401a
    4. 19 U.S.C. 1592
    Answer

    C. Section 24.23(b)(1)(i)(A) bases the fee on value determined under 19 U.S.C. 1401a.

    19 CFR 24.23(b)(1)(i)(A)

  6. Which merchandise is exempt from the ad valorem merchandise processing fee under 24.23(c)(1)?

    1. Products of countries eligible only for the Generalized System of Preferences
    2. Products of least-developed beneficiary developing countries
    3. Products of Column 2 countries
    4. Merchandise formally entered at a value over $2,500
    Answer

    B. Section 24.23(c)(1)(iv) exempts products of least-developed beneficiary developing countries.

    19 CFR 24.23(c)(1)(iv)

  7. U.S. agricultural products are processed and packed in a foreign trade zone and are subject to entry. On what is the ad valorem fee assessed?

    1. The value of the U.S. agricultural product alone
    2. Only the value of any material used to make the container
    3. Nothing, because the product is of U.S. origin
    4. The full value of the packed product
    Answer

    B. Section 24.23(c)(4) limits the ad valorem fee to the container material value.

    19 CFR 24.23(c)(4)

  8. What percentage of value is the harbor maintenance fee on commercial cargo loaded or unloaded at a covered port?

    1. 0.125 percent
    2. 0.25 percent
    3. 0.3464 percent
    4. 1.25 percent
    Answer

    A. Section 24.24(a) sets the port use fee at 0.125 percent (.00125) of value.

    19 CFR 24.24(a)

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