A required invoice is unavailable at entry and no waiver is granted. The bond for production of the invoice is in what amount?
- One and one-half the invoice value of the merchandise
- Double the estimated duties
- The invoice value of the merchandise
- $1,000
Show the answer
A. One and one-half the invoice value of the merchandise
The CBP Form 301 bond is in an amount equal to one and one-half the invoice value.
Source: 19 CFR 141.91(d)
Want more like this?
A free account gives you a fresh set of practice questions every day, each with its rule and citation.