John Brown imported eight ball bearings with integral shafts from Germany, which are classified under subheading 8482.10.10, HTSUS, at a 2.4% ad valorem duty rate and subject to antidumpingduties. The ball bearings are shipped by air and formally entered at John F. Kennedy InternationalAirport. The total value of the shipment is $8,605. The applicable antidumping duty case depositrate is 57.36%. What is the total amount of fees and estimated duties that should be reported on theCBP Form 7501?
A. $206.52
B. $4960.83
C. $4965.64
D. $5142.35
E. $5172.16
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The Answer is: E
Citation:Duty 2.4% x $8605 = $206.52, MPF .3464% X $8605 = $29.81, ADD57.36% x $8605 = $4935.83, TOTAL $ 5172.16
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