October 2015 Question 55 U.S. Customs Broker License Exam Discussion
4m 38s
Following CBLE question is the focus of this video:
Company A imported seven ball bearings with integral shafts from Germany, which are classified under subheading 8482.10.10, Harmonized Tariff Schedule of the United States, at a 2.4% ad valorem duty rate and subject to antidumping duties. The ball bearings are shipped by air and formally entered at John F. Kennedy International Airport. The total value of the shipment is $7,598.00. The applicable antidumping duty cash deposit rate is 68.89%. What are the total amount of fees and estimated duties that should be reported on CBP Form 7501?
A. $5,260.58
B. $5,234.26
C. $5,416.61
D. $5,442.93
E. $208.67
Correct Answer: (D).
#Code of Federal Regulations (CFR) Title 19
#24.23
#24.24
#CBP Forms
#CBP Form 7501 Instructions
#CBP Publications
#Automated Commercial Environment (ACE)
#ACE Entry Summary Instructions
CBLE Link: https://www.lawcustoms.com/wp-content/uploads/2025/02/102015-CBE-Exam.pdf