CBP issued the following releases on commercial trade and related matters:
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.
TUCSON, Arizona -- CBP has made strides in improving its liquidation time frames for drawback claims, but the agency still has a hefty “inventory” of claims and could benefit from some ACE programming changes to make further progress, said Janelle Cray, chief of CBP’s drawback and revenue branch, at the National Customs Brokers & Forwarders Association of America annual conference on May 4.
The following lawsuits were filed at the Court of International Trade during the week of March 14-20:
CBP issued the following releases on commercial trade and related matters:
The Customs Rulings Online Search System (CROSS) was updated March 9. The following headquarters rulings were modified recently, according to CBP:
The following lawsuits were filed at the Court of International Trade during the week of Jan. 24-30:
CBP issued the following releases on commercial trade and related matters:
BMW North America is unable to claim substitution unused merchandise drawback on motor vehicles owned and exported by BMW Manufacturing Co., CBP said in a recently released ruling dated Nov. 30. BMW NA planned to "substitute the exported motor vehicles owned by BMW MC for motor vehicles imported and duty paid by BMW NA" and asked for CBP input on whether that is allowed.
The Treasury Department published its fall 2021 regulatory agenda for CBP. The agenda includes a new mention of an interim final rule to implement some major provisions of the USMCA. The agency seems to have missed the listed target date of November 2021 for the interim final rule.
The Customs Rulings Online Search System (CROSS) was updated Dec. 23. The following headquarters rulings were modified recently, according to CBP: