Wednesday, October 8, 2008

Exam Answers Coming Today

Keep refreshing, the Wizard will have answers today, along with possible protests by the end of the day!

8 comments:

Anonymous said...

We're waiting patiently!!!!!!!!!!!!!!!!!!

Anonymous said...

What time today?

Anonymous said...

Question 49, I am thinking the answer could be B.
Since line already paid duty of the first time importation, which means this cruise line was a importer on these TV set. 4 year later, if the Cruise line donates their TV set to Charity, it will be considered as domestic donation not re-importation. So the answer should be B.
Michael

Anonymous said...

When will they put the exam online - for those who didn't take it?

Anonymous said...

Question 49-

10.8a & HTSUS chapter 98 state that goods must be re-imported within 3 years from 1st importation. Charity is irrelevant.& how do you know my name?

Wizard said...

Wizard to Question 49 Postings

We don't have any names on the blog comments unless someone chooses to post their name. I think the first person to post for Question 49 was "signing" his response as "Michael" and not referring to someone else. Perhaps we have two "Michaels", but only one actually signed his name. It is not necessary to use names when posting a comment, but please feel free to do so!

Wizard said...

Question 49 - Possible Protest

Most of the postings are being made under the blog where the potential answers are published, but the Wizard can see how this might be a potential protest question.

While B may sound good and could be considered correct, it may not be the "BEST" answer. Part 141.2 states that with some exceptions, "dutiable merchandise imported and afterwards exported, even though duty thereon may have been paid on the first importation, is liable to duty on every subsequent importation into the Customs territory of the United States." Although not specifically stated, it is highly likely that the cruise ship left the U.S. territory, thus exporting the products. Answer E is the "BEST" answer because if duties are due, they will be subject to duty based on a reasonably adjusted value that takes into consideration the use and depreciation. HQ H019722

Anonymous said...

The answers are up -
Don't worry about the protest for #49 - Credit granted to all answers.
#52 - Answers A and B accepted as correct.
#65 Credit granted to all answers.
#16 - Answers A and E will be accepted as correct.