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Category: Drawback

  • Customs Attorney: "Drawback" – What is it?

    What is "Drawback"? A program that provides a refund for a majority of goods that are exported or destroyed after importation into the United States.If the goods are exported or destroyed drawback permits Customs to refund 99% of the duties when the goods were imported into the U.S. The only difficult part about drawback is that you must maintain precise compliance with the drawback rules and regulations - the government is not going to just return money willy nilly. The importer must fill out the drawback application before exportation.There are[...]

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