2017 October No.12 – Broker Compliance


12. An importer sends a check, payable to a licensed broker, for payment of duties and fees applicable to an entry after the due date of the duties and fees. When is the broker required to submit payment for the duties and fees owed to CBP?

A. The same day the payment is received from the importer

B. Within five calendar days from receipt of the payment by the broker

C. Within ten calendar days from receipt of the payment by the broker

D. Within five working days from receipt of the payment by the broker

E. The estimated duties shall be immediately deposited with CBP.

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The Answer is: D

Citation: 19 CFR ยง 111.29(a)

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