Which ONE of the following statements is correct regarding extension of time for liquidation from the one-year statutory period for liquidation?
A) A total of 6 one-year extensions for a consumption entry may be granted.
B) A total of 5 one-year extensions for a consumption entry may be granted.
C) A total of 4 one-year extensions for a consumption entry may be granted.
D) A total of 3 one-year extensions for a consumption entry may be granted.
E) There is no limit to the number of additional one-year extensions allowed.
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The Answer is: D
Citation: 19 CFR 159.12(e)
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