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October 2021 Question 3 U.S. Customs Broker License Exam Discussion

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  • Part 3: Recordkeeping

    Customs regulations mandate specific retention periods for various records. Drawback records must be kept for three years, while packing lists are retained for 60 days. Certain documents require five years of maintenance, and power of attorney must be held until revoked or for five years post-rev...

  • Part 2: Rail & Truck Arrivals

    Products returned to the U.S. include undeliverable items and machinery sent overseas. Chapter 98 specifies conditions for return merchandise, emphasizing compliance with HTS, value, and declaration requirements. The Trade Act of 2002 mandates electronic transmission of cargo information to CBP b...