Duties, tariffs and fees
Duty Drawback
Duty drawback refunds up to 99 percent of the duties, taxes and fees paid on imported goods that are later exported or destroyed.
What does Duty Drawback mean?
Drawback is the refund, in whole or in part, of duties, taxes and fees paid on imported merchandise (19 CFR 190.2). The law provides drawback for goods used in manufacturing and for unused goods, among other types.
The claim is generally 99 percent of the eligible duties, taxes and fees (19 CFR 190.51). Since February 24, 2019, all drawback claims are filed electronically in ACE under the rules of the Trade Facilitation and Trade Enforcement Act.
A complete claim must be filed no later than 5 years after the import of the goods that the claim uses (19 CFR 190.51(e)). The claimant keeps the records until the third anniversary of the payment of the claim (19 CFR 163.4).
A claim for Section 301 or 201 duties reports the Chapter 99 number and the Chapter 1 to 97 number of each line. The lines follow the order of the import entry.
What does it mean for your shipment?
Keep import, export and inventory records that link each export to its import. We review your import and export data to see which drawback type fits, if any.
Allied CHB, licensed customs broker, CBP filer code 9AJ.
Where does this come from?
Read more on this site
All glossary terms · General information, not legal advice.