Liquidation
Also called: final duty determination
CBP's final computation of the duties and fees owed on a US entry, normally about 314 days after entry. After liquidation, duty differences are billed or refunded, and the importer may challenge the result by filing a protest within 180 days.
In practice
Until liquidation the entry can still be corrected, and refunds from court rulings or exclusions often depend on whether entries are unliquidated.
Applies to: 
USA
Related terms
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- CBP
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