A new business, Cleanse Free, imports its first shipment of cleaning supplies manufactured in Japan. The entry is secured by a single entry bond. Cleanse Free files the entry summary twelve working days after the time of entry, which was the date the merchandise was released by Customs. Customs issues a demand for liquidated damages for failure to file the entry summary timely. The demand for liquidated damages should be issued in what amount?
A) Two times the bond amount.
B) Three times the bond amount.
C) One times the bond amount.
D) Half the bond amount.
E) Five times the bond amount.
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The Answer is: C
Citation: 19 CFR 142.15
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