US license Custom Broker
Customs Broker’s Exam Prep Course Outlines
Main Topics & Objectives (What you should learn):
• Part 141 Entry of Merchandise
Liabilities for duty upon re-importation of articles
When entry is needed
What is evidence of the right to make entry
What is a power of attorney and how long are they good for
Be able to define “time of entry”
Know the rate of duty applicable to a shipment
How merchandise can be recalled to Customs custody
• Part 142 Entry Process
Time frames for filing entries and entry summaries
When Customs bonds can be waived
When entry occurs; time, or date of entry
Liquidated damages for if you do not file in timely manner
Rules for one entry summary for multiple entries
Rules for one entry summary for multiple consignees
Immediate delivery procedures and applicable
• Part 111 Customs Brokers
What activities need a Customs Brokers License
What activities DO NOT need a Customs Brokers License
The requirements for Individual, Corporate and Partnership Licenses
What permits are and how they are issued
Revocation or suspension of permits and licenses
Records to keep and how long to keep them
Responsible supervision and what it is
How funds are handled by a licensed broker
What is the “status report” and when is it required
How a customs broker is penalized
• Part 143 Special entry procedure
Automated Broker Interface
Letter of Intent, Failure to keep standards and Qualified
Appraisement entries
Informal entries
Personal goods shipments
Section clearance
• Part 144 Warehouse Entries
Type of goods allowed in a bonded warehouse
Length of time the goods are allowed to stay in a bonded warehouse
Form of entry needed
Distilled spirit entry and withdrawal
Change of ownership while in a bonded warehouse
Conditions for withdrawal from a bonded warehouse
Textiles and apparel entries and withdrawals
• Part 146 Foreign Trade Zone
The definition of words used in describing activities in a zone
The difference between a bonded warehouse and a Foreign Trade Zone
Type of goods allowed to a Foreign Trade Zone
Status of material in a Foreign Trade Zone and how each is handled
• Part 18 Transportation In Bond
What transportation to use with Transportation in Bond entries
Special security measures that can be used
Diversion of, and changes to, Transportation in Bond entries
Incomplete deliveries, Customs rules and carrier’s responsibilities
What Transportation in Bond entries there are
Time frame for:
Transportation between ports
Surrender paperwork upon arrival at port of destination
Make entry at port of destination
Rules for Direct Exportation
• Part 114 Carnet
What a carnet is and the different types
How a carnet works
What the validity period is
• Part 127 General Order, Unclaimed and Abandoned Merchandise
What is General Order Merchandise
What are the Unclaimed and Abandoned Merchandise
How to handle the above merchandise
• Part 132 Quotas
Textile Category Numbers
Textile subject to quota
Safeguard on textile import
Textile Monitoring Program (TMP)
Textile visas
• Part 24 Customs Financial and Accounting Procedure
Collection of duties
Bills and accounts
Receipts
Filing a CF5106
Merchandise Processing Fee (MPF)
Harbor Maintenance Fee (HMF)
Statement processing
• Part 159 Liquidation of Duties & Currency Conversion
Entries that are NOT liquidated
Rounding fractions
Process when estimated duties and liquidated duties differ
Customs liquidation notification procedure
Liquidation by “operation of law”
Extension of time for liquidation
Date of export and currency conversion
When liquidation is suspended and why
• Part 151 Examination, Sampling and Testing of Merchandise
What merchandise is to be looked at
Quantities to be looked at
Time of examination
Place of examination
Movement of goods to a Centralized Examination Station (CES)
• Part 113 Customs bonds
Difference between the types of Basic Importation and Entry bonds
What is the least amount of each type
What are riders and what can they be used for
Effective and termination dates of bonds
What security can be used in place of a bond
What are the rules for a Basic Importation and Entry bond
• Part 133 Trademarks, trade names and copyrights (IPR)
Difference between trademark, copyright and patent
Recording trademarks and copyrights
US Customs action upon the importation of article in violation
What gray market goods are
• Part 12 Restricted and Prohibited Merchandise
What goods are prohibited entry
What happens to prohibited goods
How restricted goods become prohibited
Motor vehicle import requirements
• Part 102 Rule of Origin
Definitions
What is Essential character
What is De Minimus
The origin of textile and apparel goods
Rules of Origin for textiles from Israel
• Part 134 Country of Origin Marking
General Information
Forms Of Marking
Marking Of Combined Articles
Marking Of Containers
Special Statutory Marking
Special Marking On Certain Articles
Articles Not Requiring Marking
• Part 19 Bonded Warehouse
Classes of Customs Warehouse
What is the Bond and how to apply for such bond
Manipulation in bonded warehouses and its operations
• Part 163 Record Keeping
Who the people are that are required to keep records
What records are
How long each type are to be kept
• Part 191 Duty Drawback
The duties and fees that are qualified for drawback
Who can sign drawback claims
The forms invoked and their use
Methods of claiming duty drawback
Information needed on the forms
Time limits for each claim
Processing procedure for a drawback claim
How to file, amend or perfect a claim
• Part 171 Fines, Penalties and Forfeitures
What petitions are and how they filed
How petitions are handled at Customs
When you will get an offer in compromise
What to do if you are not satisfied with decision on petition
• Part 172 Claims for Liquidated Damages
What are liquidated damages
Who is notified when liquidated damages are assessed
How are petitions filed and acted upon
• Part 173 Administrative Review in General
Transactions to be reviewed
Voluntary re-liquidation
How to correct clerical errors
Time limits for the correction of errors
• Part 174 Protest
What are subject to protest
Time limits for protest
Forms to file the protest
• Part 177 Administrative Rulings
What a prospective ruling is
How to get a prospective ruling
How does modification effect a ruling
Who may request a country of origin ruling
• Harmonized Tariff System of the United States
Classification
Special Trade Programs
• Part 10 Re-importation
AGR without advancement or improvement
Articles imported, duty paid, exported and re-imported without advancement or improvement
Other 9801(without advancement or improvement) entries to be aware of
Articles advanced or improved abroad, Repairs, processing
807 Program (US Products Assembled Abroad)
TIB (Temporary Imports Bond)
• Part 152 Valuation
What “ value “ is and how it is determined for entry
What can be subtracted from and /or added to the invoice
What an assist is and how it is handled
When the invoice value cannot be used and how Customs works out value
The hierarchy of appraisement and how Customs applies it
• Appendices
• Directives
• Final Exam – Customs Broker Examination
