tag:blogger.com,1999:blog-2122186347905659525.post8380540056747493965..comments2023-04-13T05:11:29.326-04:00Comments on Boskage Trade News: CBE Study Tip 10: ValuationBoskage Staffhttp://www.blogger.com/profile/02772758454733202266noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2122186347905659525.post-83915493212426431782009-03-30T10:11:00.000-04:002009-03-30T10:11:00.000-04:00Wizard to AnonymousThe April 2009 Exam should be v...Wizard to Anonymous<BR/>The April 2009 Exam should be very interesting since Part 200 - End has not been tested in the past. This is only a guess, but the Wizard would expect to see questions related to antidumping and countervailing duties, since questions related to those topics have been asked in the past. <BR/><BR/>Good luck!Karinhttps://www.blogger.com/profile/06496809282669369917noreply@blogger.comtag:blogger.com,1999:blog-2122186347905659525.post-50266719415300553052009-03-28T21:09:00.000-04:002009-03-28T21:09:00.000-04:00Thanks Wizard, that really helped me a lot. I have...Thanks Wizard, that really helped me a lot. <BR/><BR/>I have one more question to ask you. <BR/><BR/>For this coming exam, the CFR 200-end is tested. What kind of facts should I be looking for? <BR/><BR/>I am currently studying the different reviews of CVD AD rules. Is there more you can recommend studying? <BR/><BR/>ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2122186347905659525.post-24174257873511445742009-03-28T16:08:00.000-04:002009-03-28T16:08:00.000-04:00Wizard Responds to KeithThank you for the complime...Wizard Responds to Keith<BR/><BR/>Thank you for the compliment. The Wizard is happy that you enjoy the blog. <BR/><BR/>Here's some information about Q61 from the April 2004 Exam.<BR/><BR/>First we need to look up the HTSUS number to determine the duty rates. We cannot assume that the merchandise is free of duty just because it is from a NAFTA country. The duty rate of paving stones from Mexico is 5.3%. $250,000 x 5.3% = $13,250. MPF is not due on entries eligible for NAFTA. The next amount to be considered is antidumping duties. These duties are deposited at the time of entry and amount to $250,000 x 7.43% = $18,575. B is incorrect because it includes the MPF costs and the MPF costs exceed the maximum allowable of $485. C is incorrect because the amount only includes the antidumping duties. D is incorrect because it included MPF, which is not included on entries eligible for NAFTA. E is incorrect because the amount only includes the duties; not the antidumping amounts. A is the correct answer because it includes the amounts for duty and antidumping.Karinhttps://www.blogger.com/profile/06496809282669369917noreply@blogger.comtag:blogger.com,1999:blog-2122186347905659525.post-74523945023254975392009-03-28T13:40:00.000-04:002009-03-28T13:40:00.000-04:00Hello Wizard,My name is Keith and I really enjoy y...Hello Wizard,<BR/><BR/>My name is Keith and I really enjoy your reviews.<BR/><BR/>I am planning to take the April 2009 exam. I have a question on antidumping and countervailing order. On April 2004 exam #61, it asks for sum amount of monies payable to cbp. I read CFR 353 part III regarding the orders but am still confused. <BR/><BR/>It says to collect a cash deposit for the entered goods. I also realize that the Mexican tiles qualify for NAFTA so it's free of duty. <BR/><BR/>I am very confused and was wondering if you can help me on this question. <BR/><BR/>Thank you very muchAnonymousnoreply@blogger.com