Consumption entry (Type 01)
Also called: formal entry · entry type 01
The standard US formal entry for goods imported for consumption that are not subject to special programmes such as quota or AD/CVD, filed with CBP and backed by a customs bond. Duties are deposited with the entry summary and finalised at liquidation.
In practice
Most commercial imports above the informal entry limit are filed as Type 01, so the entry type should be checked against AD/CVD or quota coverage.
Applies to: 
USA
Related terms
- Entry (US)
- In US practice, the filing of documents needed to obtain release of goods from CBP, traditionally on CBP Form 3461 or its electronic equivalent.…
- Entry summary
- The US filing that provides the full data for an import, including HTS numbers, values, origin and duties, and accompanies the deposit of estimated…
- Informal entry (Type 11)
- A simplified US entry for lower-value shipments, generally up to USD 2,500, that does not require a customs bond and is liquidated at the time of…
- Customs bond
- A US contract between the importer, a surety company and CBP guaranteeing payment of duties, taxes and penalties and compliance with regulations. A…