• Overview of the Existing Drawback Law
• Understanding the New Drawback Law: The problem of "Other" Classifications
• Manufacturing Drawback
• Unused Merchandise Drawback
• NAFTA Drawback Restrictions: Changes coming with NAFTA Renegotiations?
• Processing of Drawback Claims: New Procedures, New Challenges
• Compliance, Reviews, Penalties • Transition of Drawback from ACS to ACE
July 11, 2017. Pricing $350 per attendee! Location: Woodbridge, NJ.
Register here for this Workshop!
Article by Anthony Nogueras, Founder and CEO of Alliance Drawback Services, "Customs Transition of Drawback to ACE Under New Regime Delayed". A 12-year collaborative effort between Customs and Border Protection and the Trade Community resulted in a new drawback statute found in Section 903 of HR 644 enacted as “The Trade Facilitation and Trade Enforcement Act of 2015.” The legislation set in motion an extensive and fundamental transformation of the 200-plus-year-old duty minimization strategy known as duty drawback refunds. Simply stated, the drawback program allows for the refund of duties on imported merchandise that is subsequently exported from the United States either in the same condition or following a manufacturing process. The new drawback statute mandated a two-year implementation process to allow Customs and Border Protection ample time to draft and implement a new regulatory regime as well as complete the full automation of drawback claim submission through its electronic platform referred to as ACE (Automated Commercial Environment). Read the entire Article