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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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Immediate Impact on Trade of Government Shutdown Seen Mixed
October 1, 2013 by Mike Feazel|Top News

The trade industry was still assessing the short- and long-term effects of the government shutdown Oct. 1. CBP had already said its core functions would not be immediately affected (see 13093028). And the U.S. National Airspace System was operating normally Oct. 1, with no reports of any impact to operations due to the government shutdown, said The International Air Cargo Association.

Topics:U.S. Trade Representative (USTR), U.S. International Trade Commission (ITC), Customs duty, Court of International Trade, Drawback, Animal and Plant Health Inspection Service (APHIS)
Senate Leader Eyes Stopgap Funding Amendments in Floor Votes
September 27, 2013 by Brian Dabbs|Congress

The Senate debated House-passed H.J. Res. 59, the stopgap government funding measure that withdraws Affordable Care Act appropriations, on Sept. 27. Senate Majority Leader Harry Reid, D-Nev., intends to hold a series of votes at 12:30 on Sept. 27 to send an amended bill back to the House. Should lawmakers fail to pass funding legislation prior to the outset of Fiscal Year 2014 on Oct.1, government-wide agencies will face varying levels of shutdown (see 13092521).

Topics:Drawback
CBP Issues Drawback Info for Exports to Chile
September 20, 2013 by Tim Warren|Customs

Drawback claims made on goods exported to Chile after January 1, 2012 are subject to U.S.-Chile Free Trade Agreement special treatment as described in 19 U.S.C. 1313(j)(4)(B) and 1313(n), said CBP in a CSMS message. U.S. duty drawback on exportations to Chile started being phased out January 1, 2012, for the following types of drawback:

Topics:Drawback