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:
The definition of a “Destruction” of merchandise that is part of a claim for drawback duty means:
A. The complete destruction of over 50% of the value of merchandise.
B. The complete destruction of over 90% of the value of the merchandise.
C. The complete recycling of the merchandise.
D. The recycling of less than 50% of the merchandise and the destruction of the remaining.
E. The complete destruction of the merchandise to the extent that it has no commercial value.
Correct Answer: (E).
The discussion is a part of lecture series designed to prepare for the upcoming Customs Broker License Examinations. 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.
