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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.
In the July 3 issue of the Customs Bulletin (Vol. 47, No. 28), CBP published two notices of revocation of rulings and treatment regarding drawback of processed prunes and the classification of valve cable supports.
In the July 3 issue of the U.S. Customs and Border Protection Bulletin (Vol. 47, No. 28), CBP published two notices of revocation of rulings and treatment regarding drawback of processed prunes and the classification of valve cable supports.
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Send event information for inclusion in the International Trade Today Calendar toITTNews@warren-news.com.
CBP issued its July 3 Customs Bulletin (Vol. 47, No. 28), which contains notices of the following ruling actions:
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Test takers sitting for the October customs broker license exam will have an additional half hour to complete the exam, said CBP in a notice announcing the date of the exam. The October exam, scheduled for Oct. 7, will allow four and a half hours for completion, the notice said. At least since the April 1998 exam -- the earliest exam CBP makes available that includes a cover sheet with instructions -- the agency has allowed testers four hours.
CBP provided a list of processes that are currently or will be eventually handled by Centers of Excellence and Expertise (CEEs) during a May 28 Webinar. CBP has opened seven CEEs so far. CBP has been providing some outreach on how customs brokers will be involved.