Bonded warehouses and foreign trade zones

How long merchandise can stay in a bonded warehouse, and what a zone operator must report.

Governing text: 19 CFR §§ 144.5, 146.53

Rules to know

Merchandise may not remain in a bonded warehouse beyond 5 years from the date of importation.
A zone operator reports a shortage of 1 percent or more if the duties and taxes would have been $100 or more.
An overage in a zone must be covered by a CBP Form 214 or an entry within 5 days.

Free sample questions

Without an extension, how long may merchandise remain in a bonded warehouse?

Foreign merchandise is properly in a zone and has neither privileged foreign status nor zone-restricted status. What is its status?

19 CFR 146.42(a)

On which form is a withdrawal for consumption of merchandise in a bonded warehouse filed?

19 CFR 144.38(a)

Merchandise is generally admitted into a foreign trade zone on application made on:

19 CFR 146.32(a)(1)

Duty-free stores are which class of customs warehouse?

19 CFR 19.1(a)(9)

Before manipulating, manufacturing, exhibiting or destroying merchandise in a zone, the operator files an application on:

19 CFR 146.52(a)

Privileged foreign merchandise in a zone is classified according to its condition and the rate of duty in force on:

19 CFR 146.65(a)(1)

For merchandise temporarily deposited in a zone, a complete CBP Form 214 must be submitted within:

19 CFR 146.35(e)

Once granted, may privileged foreign status be abandoned?

19 CFR 146.41(e)

How often must a zone operator take a physical inventory of all merchandise in the zone, absent continuous cycle counts?

19 CFR 146.23(c)

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

The "Customs territory of the United States" includes:

19 CFR 146.1(b)

How long must a zone operator retain records pertaining to zone merchandise?

19 CFR 146.4(d)

A person responsible for a violation of the Foreign-Trade Zones Act or its regulations is subject to a fine of not more than:

19 CFR 146.81(a)

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