Pursuant to the Customs regulations, which phrase is defined to be “those activities involving transactions with CBP concerning the entry and admissibility of merchandise, its classification and valuation, the payment of duties, taxes, or other charges assessed or collected by CBP on merchandise by reason of its importation, and the refund, rebate, or drawback of those duties, taxes, or other charges.”?
A) The examination for an individual’s broker license
B) Customs business
C) Responsible supervision and control
D) Customs supervision
[bg_collapse view=”button-green” color=”#4a4949″ icon=”arrow” expand_text=”Show Answer and Citation” collapse_text=”Hide Answer and Citation” ]
The Answer is: B
Citation: 19 CFR 111.1
[/bg_collapse]