If an importer submits duties and fees to a broker for payment to CBP after the monies are due, the broker must do which of the following?
A. Submit the monies to CBP the same day.
B. Submit the monies to CBP within 5 working days of receipt from the importer.
C. Submit the monies within 5 calendar days of receipt from the importer.
D. Submit the monies within 10 calendar days of receipt from the importer.
E. Advise the importer that he/she is no longer liable for duties and fees owed CBP.
[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]
The Answer is: B
Citation: 111.29(a)
[/bg_collapse]