68. Diane Baker is a licensed customs broker who executed a general power of attorney with Olympic Imports. Throughout 2024, Diane filed quota warehouse withdrawal entries (entry type 32) on behalf of Olympic Imports for various steel tubes subject to an absolute quota. Olympic Imports has provided Diane with paperwork from its manufacturer for a new shipment of steel tubes due to arrive on December 14, 2024. Per CBP, the absolute quota for steel pipes has been filled for 2024 and is closed. The next quota period opens on January 1, 2025. Which answer best describes how Diane must dispose of the steel tubes arriving on December 14, 2024? (2025 April No.68 – Valuation, Appraisement and Duty Assessment)
A) Admit the shipment into a foreign trade zone to store the steel pipes until the opening of the next absolute quota period.
B) Submit a quota warehouse withdrawal (entry type 32) and enter the steel pipes at a higher duty rate.
C) Submit a quota entry (entry type 02) and enter the steel pipes at a higher duty rate.
D) Enter the shipment into a class 19 bonded warehouse until it can be exported.
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The Answer is: A
Citation: 19 CFR 132.5(a); 19 CFR 132.5(c); 19 CFR 19.1(a)
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