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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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Elimination of 'Double Drawback' for Excise Only Ends 'Anomaly' Created by CBP Field Office, DOJ Brief Says
August 30, 2019 by Brian Feito|Top News

A recent change to the customs regulations that limits the use of substitution drawback on excise taxes is supported by the plain language of the law, and merely closes a “double drawback” loophole that CBP San Francisco erroneously opened in 2004 when it misinterpreted that legal language as it was first enacted, Justice Department lawyers said in a brief filed Aug. 28 with the Court of International Trade.

Topics:Drawback
Whole Trade Processing Approach to Be Revisited in Customs Framework Effort, Overacker Says
July 2, 2019 by Tim Warren|Top News

CBP would like to use the ongoing discussion around the 21st century customs framework (see 1903040023) as a way to review some of the most basic ways the agency looks at trade, said Thomas Overacker, CBP executive director, Cargo and Conveyance Security on June 28 while at the American Association of Exporters and Importers Annual Conference in Washington. Hypotheticals mentioned by CBP officials as discussion starters included a rewrite of the entry language in 19 CFR 141 and whether drawback remains a necessary program.

Topics:Entry Type 86 , Drawback
NAM, Joined by Beer Institute, Seeks Victory in Challenge to New CBP Excise Tax Drawback Restrictions
June 28, 2019 |Penalties and Courts

The National Association of Manufacturers filed a motion June 24 seeking court orders invalidating portions of CBP’s recent drawback regulations that bar substitution drawback on excise taxes. As in a complaint filed in April (see 1904180046), the trade association said the regulations issued by CBP following enactment of the Trade Facilitation and Trade Enforcement Act of 2016 ignore lawmakers’ general intention to expand drawback, as well as specific instances where Congress has in the past preserved the ability to claim substitution drawback on excise taxes.

Topics:Drawback