The maximum amount of money CBP can penalize a person for a negligent violation under Section 592 of the Tariff Act of 1930 when the circumstances of the violation were not disclosed is_____.
A. The lesser of the domestic value of the merchandise or 4 times the loss of duties
B. 20% of the dutiable value if there is no loss of duty
C. The loss of duty
D. The domestic value of the merchandise
E. The interest on the loss of duties
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The Answer is: B
Citation: 19 CFR 162.73(a)(3)(ii)
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