During calendar year 2003, IMPORTER (the importer of record) imported lipstick with a total entered value of $1,680,000, and paid $600,000 in duty (inclusive of antidumping duties), fees and taxes. Based on this, CBP determines that the amount of the continuous bond for IMPORTER in calendar year 2004 should be:
A. 200000
B. 50000
C. 3 x (35% of the entered value for this shipment)
D. 60000
E. 150000
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The Answer is: D
Citation: 19 CFR 113.12(b)(I)(ii)
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