Even though thousands of CBP employees will be required to work without pay to clear cargo in the case of a government shutdown on Sunday, importers are preparing for problems, since they have experienced them in previous shutdowns.
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.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
Two members of the House of Representatives asked the House Ways and Means Committee to renew the Generalized System of Preferences benefits program, and several others also advocated for trade policies on the day that the committee welcomed other members to advocate for their priorities.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
Plywood imported from Uruguay that is subjected to pressure treatment is ineligible for unused merchandise drawback, CBP headquarters said in an Aug. 21 ruling. The ruling followed a 2021 ruling request by International Forest Products (IFP) as to whether certain activities counted as “manufacturing” or “use” of such products under 19 U.S.C. § 1313(j)(1) and 19 CFR § 190.31(c).
CBP issued the following releases on commercial trade and related matters:
The titanium sponge working group, convened after a Section 232 report on the product, as an alternative to imposing tariffs or tariff rate quotas, says that eliminating the 15% tariff on titanium sponge could benefit domestic titanium producers.
International Trade Today is providing readers with the top stories from last week in case they were missed. All articles can be found by searching on the titles or by clicking on the hyperlinked reference number.
CBP’s final rule on continuing education for customs brokers makes few changes to the agency’s underlying proposal, though much remains to be decided during the implementation process, including specific criteria for approving continuing education courses and accreditors.
Despite changes in how CBP processes drawback claims, the process remains difficult and complex for filers and time-consuming for CBP itself, agency and industry officials said during a June 20 panel at the American Association of Exporters and Importers annual conference.