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What happens if I fail to submit a status report by the end of the 60-day suspension period?

Unfortunately, failure to submit a status report and the corresponding fees to CBP during the 60-day period will result in the license being revoked. Such licenses are revoked by operation of law without prejudice to the filing of a new application for a license. This means that, while a license which is revoked by operation of law cannot be reinstated, the effected individual may file a new application for a license.  However, unless the individual has passed the customs broker license exam within the three years prior to submitting that new application, the individual will need to re-take the exam.