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 issued the following releases on commercial trade and related matters:
Across dozens of pages of written answers to Senate Finance Committee members, U.S. trade representative nominee Katherine Tai often avoided directly answering questions, instead pledging to work with senators on their priorities. One of the most common questions posed to Tai was whether she would renew Section 301 exclusions that expired last year; as well, whether she would allow companies that were denied exclusions another chance at a request; and whether she would reopen the exclusion process.
CBP issued the following releases on commercial trade and related matters:
The American Apparel and Footwear Association, the Accessories Council, the Travel Goods Association and the Council of Fashion Designers of America are asking Congress to change drawback laws so that companies can file for duty drawback on merchandise that is donated to charities. “Currently, duty drawback, or recouping duties already paid, is only available to companies if they destroy the merchandise, the last thing we need as both companies and families struggle. Creating such a provision would be a win-win, enabling companies to unlock much needed funds currently trapped in the surplus inventory created by the crisis, while at the same time helping Americans negatively impacted by the [COVID-19] pandemic with donations of clothes and shoes they need for themselves and their families,” they wrote in a letter to Congress Feb. 1.
CBP issued the following releases on commercial trade and related matters:
CBP published several thousand prospective rulings in 2020 on its Customs Rulings Online Search System (CROSS) database. The agency issues its rulings from either the National Commodity Specialist Division in New York, which handles issues like classification, country of origin, marking and preferential treatment, or the Office of Regulations and Rulings at CBP headquarters in Washington, D.C., which may also decide other issues, such as valuation, drawback, exclusion order enforcement and liquidation.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
The Customs Rulings Online Search System (CROSS) was updated Dec. 30. The following headquarters rulings were modified recently, according to CBP: