2007 April No.62 – BONDS


62 When there is a single entry bond and the entry summary documentation is not filed timely, the Port Director shall _____.

A. order redelivery of the merchandise

B. initiate a claim for liquidated damages equal to the domestic value of the merchandise

C. initiate a claim for liquidated damages equal to the foreign value of the merchandise plus the duty owed

D. initiate a claim for liquidated damages equal to the entire amount of the bond

E. initiate sanction action against the broker for delinquency

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The Answer is: D

Citation: 19 CFR 142.15

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