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Drawback

A duty drawback is a refund by CBP of the duties, taxes, or fees paid on imported goods, which were imposed upon importation. More broadly, a drawback also includes the refund or remission of other excise taxes pursuant to other provisions of law. CBP's duty drawback scheme under the Customs Act of 1962 allows exporters to receive a refund on customs duties they paid on imported products that are then used or incorporated into other products for export or remain unused until importation.

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2020 Rulings and Revocations Summary Background
January 26, 2021 |White Paper

CBP published several thousand prospective rulings in 2020 on its Customs Rulings Online Search System (CROSS) database. The agency issues its rulings from either the National Commodity Specialist Division in New York, which handles issues like classification, country of origin, marking and preferential treatment, or the Office of Regulations and Rulings at CBP headquarters in Washington, D.C., which may also decide other issues, such as valuation, drawback, exclusion order enforcement and liquidation.

Topics:Section 301 tariff exclusions, Drawback, CBP CROSS Rulings
Triennial Status Reports Deployed in ACE, More to Come for Broker Fee Automation in 2022
December 21, 2020 |Customs

CBP recently deployed ACE functionalities for “triennial status report/fee” automation, the agency said in an updated ACE deployment schedule. “Three additional capabilities will deploy in 2022,” it said Dec. 17. “Remaining deployments include Broker License Application with interface to ACE, Broker Permit Application with interface to ACE, and Broker Annual Permit User Fee with interface to ACE.” CBP also revised the expected deployment dates for Real-time Automated Surety Interface and USMCA drawback, according to the change log.

Topics:Drawback, USMCA