File:Intro-Obj-Sec#1
Revised 03/01/05
INTRODUCTION
You have selected this course of study to enhance your knowledge regarding the Harmonized Tariff Schedule of the United States (2005), (HTSUS), Code of Federal Regulations (Customs Regulations) 19 USC 1930, (CFR) and common business terms.
If you may be taking this course to order to better prepare yourself for the Customs Broker’s License Exam you will find this course invaluable. On the other hand, if you are just taking this course to enhance your knowledge of Customs matters, you will find this course most beneficial.
In order to start you must have Harmonized Tariff Schedule of the United States (2005), (HTSUS), and Code of Federal Regulations (Customs Regulations) 19 USC 1930, (CFR), revised as of April 1, 2005.
And the following directives:
Customs and Trade Automated Interface Requirements (CATAIR)
Introduction
Getting Started
Requirements
3510-004, Monetary Guidelines for Setting Bond Amounts
3550-055, Instructions for Deriving Manufacturer/Shipper Identification Code
3550-061, Instructions for Preparation of CF 7501
3550-067, Entry Summary Acceptance and Rejection Policy
There are four sections of study. Each section of study starts with a set of educational objectives. Educational objectives are the paths within the learning process. An objective is a statement describing what you will add to your knowledge bank. You will find these objectives will help you to interact with the subjects of each section. Along with your study guide, you receive a set of instructions for Section One.
Follow these instructions, from time to time you may not understand a question or some of the material if so just e-mail the instructor for explanation. He will normal response within 24 hours. Upon completing each section you will be tested to determine if you have reached the objectives of that section. Upon completing a question or the exam after each section’s test check your answer(s) using the keys in the back of the study guide.
Again if you do not understand how that answer is arrived at e-mail the instructor for an explanation. The instructor will work with you for one year from the date of the order.
SECTION ONE
Educational Objectives
Acquire an understanding
on how to use the Study Guide.Review your exam notes:
Time Frame Sheet
Custom Forms and Correlation Tables {using the CFR and TA 1930}
Perpetual Calendar
19 USC 1592, 1641, and CFR 162.73 Violation/Penalty Sheet
Constructing Manufacture Codes, CD 3550-061, Sept. 18, 1992
Math Formulas
Learn what SCAC means.
Learn what G.O. means.
Discover the insular possessions of the United States.
Memorize what articles conditionally free means.
Learn what TIB means.
Ascertain what importing directly means.
Understand how to determine the 35% value content requirement under CBERA.
Grasp the difference between a Broker's License and a Broker's Permit.
Comprehend Broker's duties and responsibilities.
Discover what importing bonds are and when a bond rider is permissible.
Understand how liquidated damages are determined.
Learn what a Carnet is and how it is used.
Discover Custom terms and business terms used.
SECTION ONE INSTRUCTIONS
First review the "Table of Contents" note that after each subject is a number. This number denotes how many exam questions concerning that subject were on the last two exams.
The Study Guide is set up in the same order as the Customs Regulations (CFR), with the exception the first chapter, "Classification Made Simple" which is covered in Section Two Instructions. You will not that the instructions move around within the Study Guide, this is done for your best understanding of the material.
Let's start with notes that you can use during the exam.
Review:
"Time Frame Sheet",
- See April exam question #26. {The April/2004 exam at the end of your Study Guide.}
Custom Forms and Correlation Tables {using the CFR and TA 1930},
page 285 - Forms, example April exam question #29 , TA 1930, example April exam question #22
Perpetual Calendar,
page 287, mark the years 2003 though 2012.19 USC 1592, 1641, and CFR 162.73 Violation/Penalty Sheet,
follows page 240 -Example April exam question #62.
Constructing Manufacture Codes, CD 3550-061, Sept. 18, 1992,
page 159 -Example: see question in your Study Guide on page 157.
Math Formulas,
follows page 311 - use the first formula to determining entered value,Example question #19 on page 192 of your Study Guide.
{In order to use these notes during the exam, tab each page and place them in your HTSUS.}
CFR 4 "VESSELS" review the questions.
Above each question notes exam the question number.
Also, note below each question there is a CFR site in italic, this is a helpful aid for you when searching for the answer.
CFR 7 "INSULAR POSSESSION" review the questions.
CFR 127 "GENERAL ORDER of MERCHANDISE" review the questions.
CFR 111 "CUSTOM BROKERS" review the questions.
Upon completing the chapter, answer the true and false question. To determine the correct answers using the answer key page 311.
CFR 113 "CUSTOM BONDS" review the questions.
CFR 10 "ARTICLES CONDITIONALLY FREE" review the questions.
As you review this chapter, note that you should write the chapter sites in your HTSUS for ease of reference during the exam. For example, write 10.31 (TIB) on the page in your HTSUS on the page were 9813.00.05 is noted.
Upon completing this section, take the practice Exam 2005-1, page 291.
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