The Merchandise Processing Fee (MPF) for formal entries (in cases of imports of commercial goods valued at $2,500 or more) is an ad valorem fee of 0.3464 percent. This fee is calculated based on the value of the merchandise imported, excluding duty, freight, and insurance charges. The maximum amount of the fee shall not exceed [...]
“Customs broker” means a person who is licensed under 19 CFR Part 111 to transact customs business on behalf of others. “Customs business” means those activities involving transactions with CBP concerning the entry and admissibility of merchandise, its classification and valuation, the payment of duties, taxes, or other charges assessed or collected by CBP on [...]
According to Customs and Border Protection (CBP), the eligibility requirements to become a Licensed Customs Broker are: be a United States citizen at least 21 years old. not be a current Federal Government employee. possess good moral character. To become a Licensed Customs Broker, you must first pass the Customs Broker License Examination. Then you [...]
According to Customs and Border Protection (CBP), the eligibility requirements to become a Licensed Customs Broker are: be a United States citizen at least 21 years old. not be a current Federal Government employee. possess good moral character. Therefore you do not need a degree to be eligible to become a Licensed Customs Broker and [...]
CBP is offering remote proctored Customs Broker License Exam to a limited number of examinees on a first come, first served basis. Remote proctoring is being offered in an effort to modernize the CBLE, in view of both current challenges posed by the COVID-19 pandemic and to evaluate a remote examination’s potential to address the [...]
Anyone who takes the US Customs Broker License Exam and fails to obtain a passing score has the right to file an appeal within 60 days of receiving their scores. CBP’s instructions state that an applicant who files an appeal must submit a compelling argument why his or her answer is better than the official [...]
Yes, it is very helpful to do test practice by taking old Customs Broker exams. But this is best done once the examinee has reviewed the study material and understood the basic concepts in all tested topics. Taking old Customs Broker exams will help the examinee become familiar with the regulations and tariff. It will [...]
Yes, some questions are repeated across different Customs Broker Exams. Sometimes the questions are similar, but they can also be almost identical. However, it is really important to note that though questions may be repeated, their correct answers may be different for different test administrations. This is because the regulations and HSN tariff are often [...]
As an attorney who has passed several Bar Exams as well as the Customs Broker Exam, I can answer this question from direct personal experience. A lot of people compare the historical pass rates of the US Customs Broker License Exam with that of Bar Exams, taken by attorneys to qualify to practice law in [...]
Here is an example of application of the computed value method in customs valuation as tested on a previous Customs Broker License Exam. April 2001 Test 41) Laminate Industries in Seattle, Washington, sells laminated plywood sheets to the building and home improvement industries. It purchases its large plywood sheets from its parent company, Canadian Laminates, [...]
