67. Which of the following accurately defines “Quota priority?” (2025 April No.67 – Valuation, Appraisement and Duty Assessment)
A) “Quota priority” is the standing which entitles quota -class merchandise to
B) “Quota priority” is a system that imposes taxes on certain imported goods to control their entry into a country.
C) “Quota priority” refers to the total quantity of goods allowed to be imported into a country within a specified time frame.
D) “Quota priority” is the precedence granted to one entry or withdrawal for consumption of quota -class merchandise over other entries or withdrawals of
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The Answer is: D
Citation: 19 CFR 132.1(f)
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