TFTEA Drawback Final Rule Now Under OMB Review
CBP’s final regulations on new procedures for drawback under the Trade Facilitation and Trade Enforcement Act are now at the Office of Information and Regulatory Affairs for review, according to the Office of Management and Budget website. CBP is required…
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to issue the final rule by Dec. 17 as a result of a Court of International Trade decision on the regulations (see 1810120055). A CBP lawyer earlier this week said CBP and the Treasury Department recently finished a review of the comments (see 1810310030). A proposed rule on copyright protections for imported goods to be implemented under TFTEA is also under OIRA review, according to another notice.