Thank you for watching this video segment from October 2017 Customs Broker License Examination (“CBLE”) preparation class.
Following CBLE question is the focus of this video:
Which party has the RIGHT to claim drawback under the provision for direct identification drawback?
A. An importer who imports merchandise and sells it to another company that then exports it
B. An importer who delivers imported duty paid merchandise to another company under a Certificate of Delivery, and the merchandise is then exported
C. A broker who obtains a CBP Form 4811 from an importer who currently owes the broker for services rendered if that importer sells the imported merchandise to another company, which then exports it. The broker files a claim on the exported merchandise to recoup some of his losses.
D. Company A, which destroys imported merchandise under CBP supervision after obtaining it from the importer of record along with a Certificate of Delivery
E. Company B, which receives duty paid imported merchandise from the importer of record, manufactures it into a new and different article and sells it to Manufacturer B for further processing and subsequent export
Correct Answer: (D).
The discussion is a part of lecture series designed to prepare for the upcoming April 2021 Customs Broker License Examination. Please visit https://www.lawcustoms.com/live/ for details about CBLE preparation classes.
We also invite you take a look at our recent publication- the 6th Edition of U.S. Customs Broker License Examination Preparation Guide Textbook – which is comprised of two volumes. Please visit https://www.lawcustoms.com/tb/ for details about CBLE preparation textbooks.
