What is the exception to the general rule that the notice of liquidation will be dated with the date posted electronically on www.cbp.gov?(2022 October No.50 – Entry/Entry Summary)
A) The courtesy notice of liquidation is posted electronically on www.cbp.gov seven (7) days before the date of liquidation so that importers and brokers can request an extension before the actual liquidation date.
B) Reconciliation entries are not posted on the notice of liquidation with a liquidation date of the date that it is posted electronically on www.cbp.gov because only the underlying entries of a reconciliation entry liquidate, and they would have been posted on their liquidation dates.
C) There is no exception to the general rule that the notice of liquidation will be dated with the date posted electronically on www.cbp.gov.
D) The notice of liquidation on a warehouse entry will not be posted on the date of liquidation of the entry when merchandise is being rewarehoused as both the warehouse entry liquidation and rewarehouse liquidation will be posted on the same date, the date that the rewarehouse entry liquidated.
E) Entries that are liquidated by operation of law will be deem liquidated as of the date of the expiration of the appropriate statutory period and will be posted on www.cbp.gov when CBP determines that each entry has liquidated by operation of law and will be dated with the date of liquidation by operation of law.
[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 159.7, 19 CFR 159.9
[/bg_collapse]