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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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CIT Says HTS Subheadings Start With Adjacent Text, Not Unattached Heading, for Drawback Claims
January 30, 2024 by Jacob Kopnick|Top News

The Court of International Trade on Jan. 30 said that for drawback purposes the 10-digit Harmonized Tariff Schedule subheadings should be read starting with their directly adjacent text and not the superior indented text. Judge Claire Kelly said the "plain meaning" of the statute governing substituted unused merchandise drawbacks refers to the "words describing the article adjacent to the 10-digit number."

Topics:Harmonized Tariff Schedule, Customs duty, Court of International Trade, Automated Commercial Environment (ACE), Drawback, CBP CROSS Rulings
Bill to Consolidate CBP Positions to Get Vote in House
January 16, 2024 |Congress

A bipartisan House bill to consolidate CBP positions is scheduled to get a vote this week. Introduced by Reps. Michelle Steel, R-Calif., and Jimmy Panetta, D-Calif., the measure would eliminate job descriptions of import specialist, entry specialist, national account manager, international trade specialist, drawback specialist and national import specialist, consolidating those duties under the job of global trade specialist. The bill previously passed out of the Ways and Means Committee unanimously (see 2311070066).

Topics:Drawback