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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 Provides Further Guidance on Accelerated Payments
August 8, 2024 |Customs

Once accelerated payment for USMCA drawback claims becomes available Aug. 20 (see 2408050055), users requesting it for eligible unliquidated claims currently on file with CBP must contact the filing office directly and request the claim be returned to trade control, CBP said in an Aug. 8 CSMS update. The claimant will be required to resubmit the claim with the AP request, CBP said.

Topics:Drawback, USMCA