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.
The government is considering how quickly it can get through a legislative fix to U.S.-Mexico-Canada Agreement implementation provisions that allow for duty refunds on post-importation preference claims, but not a refund of merchandise processing fees, said Maya Kumar, director of textiles and trade agreements at CBP. She said on May 22 that CBP officials “do not think that was the intent of the law.” Kumar, who was speaking at the National Association of Foreign-Trade Zones virtual conference, said that if it's at all possible, CBP would like to see that fixed by Congress before USMCA's entry into force July 1. “We’re trying to work with [the office of the U.S. Trade Representative] as well as Congress and see how quickly they can do that,” she said.
CBP issued the following releases on commercial trade and related matters:
CBP will begin processing refunds for some substitution drawback claims involving internal revenue taxes, after the Court of International Trade on May 15 denied the government’s motion to stay its recent decision invalidating portions of CBP’s drawback regulations, pending an appeal to the Federal Circuit.
CBP issued the following releases on commercial trade and related matters:
International Trade Today is providing readers with some of the top stories for April 27 - May 1 in case they were missed.
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 on April 29. The following headquarters rulings not involving carriers were modified on April 29, according to CBP:
The following lawsuits were filed at the Court of International Trade during the week of April 20-26: