Topics / Bills, payments and general order
What is the ad valorem merchandise processing fee on merchandise that is formally entered or released?
- 1 percent
- 0.125 percent
- 0.21 percent
- 0.3464 percent
Show the answer
D. 0.3464 percent
Formally entered or released merchandise is subject to an ad valorem fee of 0.3464 percent, based on the value of the merchandise as determined under 19 U.S.C. 1401a.
Source: 19 CFR 24.23(b)(1)(i)(A)
Want more like this?
A free account gives you a fresh set of practice questions every day, each with its rule and citation.