Part 6: Duty Drawback
Duty Drawback
•
19m
Explore the various types of duty drawback, including manufacturing, unused merchandise, rejected merchandise, and finished petroleum. Learn about direct identification and substitution variations. Understand the implications of U.S. customs territory, including Puerto Rico and Guantanamo Bay. Discover the status of U.S. territories regarding drawback claims and the recent changes to the retention period, which has increased from three years to five years under new regulations.
#Code of Federal Regulations (CFR) Title 19
#Part 190
Up Next in Duty Drawback
-
Part 7: Duty Drawback
The drawback filing process enables claims for refunds on duties paid within three to five years after importation, contingent on exportation. Record keeping is essential, requiring document retention for three years after payment. Different types of drawbacks include manufacturing and rejected m...
-
Part 8: Duty Drawback
Explore various methodologies for claiming drawbacks, including abstract, schedule, used, immune, and less valuable waste methods. Learn about manufacturing drawback claims and the unused merchandise drawback, which permits refunds under certain conditions. Discover the clarified regulations rega...
-
Part 9: Duty Drawback
Explore the essential aspects of importation, including methods, entry dates, and manufacturer production. Learn about country of origin rules and how products are classified by their characteristics. Discover the implications of merchandise destruction on drawback claims and refund eligibility. ...
