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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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CBP Extends Time Allowed for October CHB Exam
June 20, 2013 by Tim Warren|Top News

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.

Topics:Customs duty, Drawback
CBP Clarifies Policy on Amending Waiver of Prior Notice Privileges
May 21, 2013 by Tim Warren|Customs

CBP clarified recent policy changes for amending waiver for prior notice (see 13040819) in a CSMS message. Approved waivers covering a specific type of 1313(j) drawback may be amended to include goods covered by another 1313(j) drawback type, as long as the exports are still within the allowable statutory timeframe, the agency said. The existing approval will be "updated to include the additional 1313(j) type and will apply to drawback claims that meet the statutory timeframes.," it said.

Topics:Drawback