Mr. Babrimer has merchandise in nonprivileged status containing no components in privileged foreign status in a Foreign Trade Zone (FTZ) in Tulsa, Oklahoma. He wants to withdraw the merchandise from the FTZ and move the merchandise to a Customs bonded warehouse in San Diego, California. Mr. Babrimer’s Customs broker has advised him that the merchandise may neither be placed nor remain in a Customs bonded warehouse ______________. Which ONE of the following correctly fills in the blank found directly above?
A) After 5 years from the date of the FTZ admission of the merchandise.
B) Within 5 years from the date of the FTZ withdrawal of the merchandise.
C) After 5 years from the date of the inbond movement of the merchandise.
D) After 5 years from the date of entry of the merchandise.
E) After 5 years from the date of importation of the merchandise.
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The Answer is: E
Citation: 19 CFR 146.64(d)
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