The Senate Finance Committee has announced that it will be holding an October 20, 2009 hearing on S. 1631, the Customs Facilitation and Trade Enforcement Act of 20091.
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.
U.S. Customs and Border Protection has issued a proposed rule to amend 19 CFR to preclude situations where imported merchandise subject to Federal excise tax is allowed into the U.S., in effect, 99 percent free of that tax through application of a drawback claim.
The International Trade Commission has issued a report, entitled The Economic Effects of Significant U.S. Import Restraints, which is the sixth update in a series of biennial reports to the U.S. Trade Representative.
The American Conference Institute is holding its fifth Forum on Import Compliance and Enforcement in Washington, D.C. on October 26 and 27, 2009.
Senate's Customs Reauthorization Bill Would Allow $325 Million in MPF Collections for ACE/ITDS, Etc.
On August 6, 2009, Senate Finance Committee leaders Baucus (D) and Grassley (R) introduced the "Customs Facilitation and Trade Enforcement Reauthorization Act of 2009" (S.1631).
On August 6, 2009, Senate Finance Committee leaders Baucus (D) and Grassley (R) introduced the "Customs Facilitation and Trade Enforcement Reauthorization Act of 2009" (S.1631).
On August 6, 2009, Senate Finance Committee leaders Baucus (D) and Grassley (R) introduced the "Customs Facilitation and Trade Enforcement Reauthorization Act of 2009" (S.1631).
On August 6, 2009, Senate Finance Committee leaders Baucus (D) and Grassley (R) introduced the "Customs Facilitation and Trade Enforcement Reauthorization Act of 2009" (S.1631).
On August 6, 2009, Senate Finance Committee leaders Baucus (D) and Grassley (R) introduced the "Customs Facilitation and Trade Enforcement Reauthorization Act of 2009" (S.1631).