2016 April No.72 – Bonds


If the principal gets free release of any serially numbered shipping container classifiable under subheading 9801.00.10 or 9803.00.50, Harmonized Tariff Schedule of the United States (HTSUS), the principal agrees to all of the following EXCEPT:

a) To advance the value and improve its condition abroad or claim (or make a previous claim) drawback on any container released under subheading 9801.00.10, HTSUS.

b) To pay the initial duty due and otherwise comply with every condition in subheading 9803.00.50, HTSUS, on any container released under that item

c) To mark that container in the manner required by Customs

d) To keep records which show the current status of that container in service and the disposition of that container if taken out of service

e) To remove or strike out the markings on that container when it is taken out of service or when the principal transfers ownership of it

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The Answer is: A

Citation: 19CFR113.66(b)(1)

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