[Code of Federal Regulations]

[Title 19, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 19CFR10.40]



[Page 112]

 

                        TITLE 19--CUSTOMS DUTIES

 

   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 

              HOMELAND SECURITY; DEPARTMENT OF THE TREASURY

 

PART 10_ARTICLES CONDITIONALLY FREE, SUBJECT TO A REDUCED RATE, ETC.

--Table of Contents

 

                      Subpart A_General Provisions

 

Sec.  10.40  Refund of cash deposits.



    (a) When a cash deposit is made in lieu of surety, it shall be 

refunded to the person in whose name the entry is made upon exportation 

in compliance with Sec.  10.38.

    (b) If any article entered under Chapter 98, subchapter XIII, 

Harmonized Tariff Schedule of the United States, is not exported or 

destroyed within the period of time during which articles may remain in 

the Customs territory of the United States under bond (including any 

lawful extension), the port director shall notify the importer in 

writing that the entire cash deposit will be transferred to the regular 

account as liquidated damages unless a written application for relief 

from the payment of the full liquidated damages is filed with the port 

director within 60 days after the date of the notice. If such an 

application is timely filed, the transfer of the cash deposit to the 

regular account as liquidated damages shall be deferred pending the 

decision of the Headquarters, U.S. Customs Service or, in appropriate 

cases, the port director on the application.



[28 FR 14663, Dec. 31, 1963, as amended by T.D. 84-213, 49 FR 41165, 

Oct. 19, 1984; T.D. 89-1, 53 FR 41249, Dec. 21, 1988]



                          International Traffic