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Quota

Counts toward CBP's Quota category. 23 of the 480 released past questions are on this topic.

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Practice questions

  1. Which section of 19 CFR is titled "License for certain worsted wool fabric subject to tariff-rate quota"?

    1. § 132.12
    2. § 132.18
    3. § 132.2
    4. § 132.25
    Answer

    B. § 132.18 in Part 132 (quotas) is titled "License for certain worsted wool fabric subject to tariff-rate quota".

    19 CFR › Part 132 › § 132.18

  2. Which part of 19 CFR is titled "Quotas"?

    1. Part 101
    2. Part 114
    3. Part 132
    4. Part 165
    Answer

    C. 19 CFR Part 132 is titled "Quotas".

    19 CFR › Part 132

  3. What does a tariff-rate quota allow under 19 CFR 132.1(b)?

    1. Entry only by importers holding a license from the Department of Commerce
    2. An unlimited quantity of merchandise at the regular duty rate
    3. A specified quantity of merchandise to enter duty free regardless of period
    4. A specified quantity of merchandise to be entered at a reduced duty rate during a specified period
    Answer

    D. A tariff-rate quota permits a specified quantity to be entered at a reduced duty rate during a specified period.

    19 CFR 132.1(b)

  4. Tariff-rate quota merchandise is imported in excess of the quantity admissible at the reduced rate. What does 19 CFR 132.5(b) allow?

    1. No entry at any rate
    2. Entry only after the next quota period opens
    3. Entry only after exportation and reimportation
    4. Entry at the higher duty rate
    Answer

    D. Excess tariff-rate quota merchandise is permitted entry at the higher duty rate.

    19 CFR 132.5(b)

  5. How may merchandise in excess of a quota be held for the opening of the next quota period under 19 CFR 132.5(c)?

    1. By releasing it under a special permit for immediate delivery
    2. By storing it at the importer's own premises
    3. By placing it in a foreign-trade zone or entering it for warehouse
    4. By entering it for temporary importation under bond
    Answer

    C. Excess merchandise may be held in a foreign-trade zone or entered for warehouse, or it may be exported or destroyed under CBP supervision.

    19 CFR 132.5(c)

  6. Under 19 CFR 132.11(a), quota priority and status are determined as of what time?

    1. The time of presentation of the entry summary for consumption, or withdrawal for consumption, in proper form
    2. The time the vessel arrives within the port limits
    3. The time the merchandise is released from CBP custody
    4. The time of liquidation of the entry
    Answer

    A. Priority and status turn on when the entry summary or withdrawal for consumption is presented in proper form.

    19 CFR 132.11(a)

  7. A quota is prorated and entry summaries are returned for adjustment. Within how long after Headquarters authorizes release must the adjusted entry summary with estimated duties be deposited under 19 CFR 132.12(c)(2)(i)?

    1. 2 working days
    2. 5 working days
    3. 10 working days
    4. 30 calendar days
    Answer

    B. The adjusted entry summary must be deposited within 5 working days after release is authorized, and delivery must be taken within 15 working days.

    19 CFR 132.12(c)(2)(i)

  8. Quota-class merchandise is released under a special permit for immediate delivery before the entry summary is properly presented. Under 19 CFR 132.14(a)(2), what quota priority or status does it get?

    1. Priority only if the quota is not nearing fulfillment
    2. Status as of the date of arrival
    3. Priority as of the date of release
    4. None; it receives no quota priority or status
    Answer

    D. Release under immediate delivery before proper presentation gives no quota priority, status or other quota benefit.

    19 CFR 132.14(a)(2)

Past exam questions on this topic