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CBP Posts FY2016 Byrd Collections and Payouts
December 5, 2016 |Customs

CBP posted its fiscal year 2016 Continued Dumping and Subsidy Offset Act (also known as the "Byrd Amendment") annual report. Among other things, CBP lists almost $7.5 million in antidumping or countervailing duties that are awaiting collection and then disbursement, which will occur in the year in which the monies are received. That's a major change since the FY 2015 report, which listed $74.8 million in uncollected duties. CBP didn't immediately comment.