Merchandise is imported in excess of the quantity admissible at the reduced rate under a tariff-rate quota. What may happen to it?
- It must wait for the next quota period
- It must be exported or destroyed
- It is permitted entry at the higher duty rate
- It is forfeited
Show the answer
C. It is permitted entry at the higher duty rate
Merchandise in excess of a tariff-rate quota is permitted entry at the higher duty rate. It may instead be held for the next quota period in a zone or warehouse, or exported or destroyed.
Source: 19 CFR 132.5(b)
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