CBLE Bonds, Foreign Trade Zones & Bonded Warehouses question: CBP claim under the basic importation bond (2)

CBLEBonds, Foreign Trade Zones & Bonded Warehouses

An importer fails to redeliver to CBP custody, on demand, a shipment of hand tools valued at $42,000 under 19 U.S.C. 1401a. The tools are not restricted or prohibited. What liquidated damages may CBP claim under the basic importation bond?

A $1,000
B $42,000
C $84,000
D $126,000

Show the answer and explanation

Answer: B. $42,000

Under 19 CFR 113.62(n)(1), a default on the redelivery condition makes the obligors liable for liquidated damages equal to the value of the merchandise involved, or three times the value if it is restricted or prohibited merchandise or alcoholic beverages. Ordinary hand tools give $42,000. $126,000 would apply only to restricted goods; $1,000 is the per-default amount when no merchandise is involved (113.62(n)(3)). Source: 19 CFR 113.62(d), (n)(1) (eCFR, as at 7 Oct 2026).

Common mistake

Applying the three-times measure to unrestricted goods.

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Original study material mapped to the public CBP exam categories; not a real test question.Independent. Not affiliated with or endorsed by U.S. Customs and Border Protection (CBP). Verify figures and rules against current guidance before relying on them.