16 A broker files a temporary importation under bond entry in January 2009. In February of 2010 he calls Customs and Border Protection to find out if the entry has liquidated. Which of the following is correct?
A. Temporary importation under bond entries do not liquidate.
B. Temporary importation under bond entries liquidate 1 year from the date of entry.
C. Temporary importation under bond entries liquidate within 180 days from the date of entry.
D. Temporary importation under bond entries are valid for 1 year and then may be converted into a consumption entry and therefore liquidate within 2 years.
E. Temporary importation under bond entries are valid for 1 year and then may be converted into a transportation in bond and therefore liquidate within 3 years.
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The Answer is: A
Citation: 19 CFR 159.2
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