Comments on CBP's Drawback Rules Due Sept. 17
CBP will accept comments on its proposed rules for drawback under the Trade Facilitation and Trade Enforcement Act until Sept. 17, the agency said in its notice published in the Aug. 2 Federal Register. The text of the noticed was…
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released on July 27 (see 1807270024) and the drawback industry is looking closely at the proposal. "We are still in the many stages of review, we do know that there will be considerable comments that are made from all different trade groups," said Dave Corn, vice president of Comstock and Theakston, in an Aug. 2 email. "Among the big concerns is the change for excise taxes, transfers of merchandise, tracking new definitions throughout the package, etc. Now that we know comments are due September 17th, the big push will begin to complete a thorough review."