55 An importer makes a $1,000 initial deposit of estimated duties, taxes and fees on January 1, 2008 and the entry liquidates for $1,500 on December 1, 2008. Upon liquidation the importer will be billed for _____.
A. 1500
B. $1,500 plus interest
C. 500
D. Interest on the $500
E. $500 plus interest
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The Answer is: E
Citation: 19 CFR 24.3(a)
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