73 East West Trading Company is a large incorporated importer of automotive parts for use by its parent company, NED, Inc., also located in the U.S. in the assembly of automobiles. East West Trading Company arranges for all of the imports for NED, Inc. All of the below-identified statements are correct EXCEPT.
A. East West Trading Company may not prepare CBP Form 3461 “Entry” for its affiliated incorporated parent company, NED, Inc.
B. NED, Inc. may make entry for its own account and have East West Trading Company review CBP Form 7501 for accuracy.
C. NED, Inc. may employ a Customs broker to solicit and engage in “Customs business” on its behalf.
D. East West Trading Company may apply to participate in the Customs- Trade Partnership Against Terrorism program as an importer participant
E. East West Trading Company may obtain an entry filer code and file an entry summary wherein NED, Inc. is identified as the importer of record.
[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]
The Answer is: E
Citation: 19 CFR 111.1
[/bg_collapse]