CBP issued the following releases on commercial trade and related matters:
Drawback
A duty drawback is a refund by CBP of the duties, taxes, or fees paid on imported goods, which were imposed upon importation as prescribed in 19 U.S.C. 1313(d). More broadly, a drawback also includes the refund or remission of other excise taxes pursuant to other provisions of law.
CBP still hasn't been able to properly police fraud in drawback claims, where importers claim drawback funds for merchandise that was never exported, the Government Accountability Office says in a summary of unresolved recommendations for the Department of Homeland Security.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
Once accelerated payment for USMCA drawback claims becomes available Aug. 20 (see 2408050055), users requesting it for eligible unliquidated claims currently on file with CBP must contact the filing office directly and request the claim be returned to trade control, CBP said in an Aug. 8 CSMS update. The claimant will be required to resubmit the claim with the AP request, CBP said.
CBP issued the following releases on commercial trade and related matters:
The following lawsuits were filed at the Court of International Trade during the week of July 29 - Aug. 4:
CBP plans to add a new ACE functionality that will automate the removal and restoration of Entry Type 86 test participants, it said in the latest version of its ACE development schedule, released Aug. 5.
Trade associations are generally pleased with the trade facilitation discussion draft issued in the Senate last week (see 2407310037), though they all noted that moving to a true one-U.S.-government data submission and release regime requires money, which may not follow, even if the bill becomes law.
A bipartisan pair of senators fleshed out a trade facilitation framework released in early June (see 2406100015) with legislative text that authorizes spending to create a true single window and modernize ACE, as well as details of how duty drawback could change.