April 2026 CBLE · Category I: Broker Compliance · Question 5 of 80

April 2026 CBLE, question 5

Which ONE of the four choices below correctly identifies how long a customs broker must retain the speficied type of record?

  1. An entry summary document, or CBP Form 7501, must be retained for three years after the date of entry.
  2. Records concerning the filing of a drawback claim must be retained for three years after liquidation of the claim or for a longer period if required by law.
  3. Records relating to the withdrawal of merchandise from a bonded warehouse must be retained for five years after the date of entry into the bonded warehouse.
  4. A document or letter by which an importer revokes a previously granted power of attorney to a customs broker must be retained for five years after the execution date of the subject power of attorney.
Show the official answer

Official answer: B: Records concerning the filing of a drawback claim must be retained for three years after liquidation of the claim or for a longer period if required by law.

Citation in CBP's key: 19 CFR 163.4(a)-(b); 19 CFR 111.23(a)-(b); 19 CFR 190.15

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