April 2014 Question 67 U.S. Customs Broker License Exam Discussion

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 __ shall be entitled to claim drawback unless this party, by means of certification, assigns the right to claim drawback to an intermediate party in the following scenario:

  1. Company Alpha imports CBP duty assessed graphite from a seller, MNO, in Australia and issues a certificate of delivery to Company B.
  2. Company Beta uses all of the imported graphite to manufacture pencils and issues a certificate of manufacture and delivery to company Delta.
  3. Company Delta is the exporter of record for all of the pencils to a buyer XYZ in China.

A. Importer
B. Manufacturer
C. Exporter
D. Seller MNO in Australia
E. Buyer XYZ in China

Correct Answer: (C).

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.