Liquidation

Definition

Liquidation is the final CBP determination of the duty, tax, and fee owed on an import entry. By statute (19 USC §1504) entries are deemed liquidated 314 days after the entry-summary filing date unless CBP affirmatively suspends or extends. Liquidation crystallizes the duty owed — once an entry liquidates and the protest window closes, the duty is final. For AD/CVD entries, liquidation is typically suspended until Commerce completes the annual administrative review and instructs CBP on the final assessment rate. Liquidation suspensions for AD/CVD can extend years past the original entry date.