October 2012 Question 22 U.S. Customs Broker License Exam Discussion

Thank you for watching this video segment from October 2017 Customs Broker License Examination (“CBLE”) preparation class.

Following CBLE question is the focus of this video:

Company ABC imported shoes from Italy on June 2, 2011. Company ABC sells the shoes to Company 123 (located in the U.S.) on June 30, 2011. Company 123 exports the shoes to Germany. What must Company ABC obtain in order to claim drawback on the imported shoes?

A. Certificate of manufacture from the exporter
B. Letter of credit from the exporter
C. Notice of intent to export from the exporter
D. Certificate of delivery from the exporter
E. Certification from the exporter waving the right to drawback

Correct Answer: (E).

The discussion is a part of lecture series designed to prepare for the upcoming April 2021 Customs Broker License Examination. Please visit https://www.lawcustoms.com/live/ for details about CBLE preparation classes.

We also invite you take a look at our recent publication- the 6th Edition of U.S. Customs Broker License Examination Preparation Guide Textbook – which is comprised of two volumes. Please visit https://www.lawcustoms.com/tb/ for details about CBLE preparation textbooks.