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Questions and Answers
To be eligible for License Exception, orders must meet certain criteria
To be eligible for License Exception, orders must meet certain criteria
True (A)
An order is eligible for shipment under LVS only if the net value of commodities controlled under the same entry on the CCL exceeds the LVS paragraph for that entry
An order is eligible for shipment under LVS only if the net value of commodities controlled under the same entry on the CCL exceeds the LVS paragraph for that entry
False (B)
An LVS shipment can include more than one eligible order
An LVS shipment can include more than one eligible order
True (A)
Orders can be split to meet the applicable LVS dollar limits
Orders can be split to meet the applicable LVS dollar limits
An order that exceeds the applicable LVS dollar value limit may be misrepresented as two or more orders
An order that exceeds the applicable LVS dollar value limit may be misrepresented as two or more orders
An order that meets all the LVS eligibility requirements, including the applicable LVS dollar value limit, may be split among two or more shipments
An order that meets all the LVS eligibility requirements, including the applicable LVS dollar value limit, may be split among two or more shipments
Exporters and consignees may structure or adjust orders to meet the applicable LVS dollar value limits
Exporters and consignees may structure or adjust orders to meet the applicable LVS dollar value limits
Orders must be legitimate to be eligible for License Exception
Orders must be legitimate to be eligible for License Exception
