Topics / Bonded warehouses and foreign trade zones

For a warehouse entry, when is the deposit of estimated duties required?

  1. At the end of the warehousing period only
  2. When the merchandise is withdrawn for consumption
  3. When the warehouse entry summary is filed
  4. Within 10 working days of entry
Show the answer

B. When the merchandise is withdrawn for consumption

No deposit of estimated duties is required until the merchandise is withdrawn for consumption.

Source: 19 CFR 144.12

Want more like this?

A free account gives you a fresh set of practice questions every day, each with its rule and citation.