Duty Drawback Insights

Drawback Trade Community Wins Key Court Case

Case History The Trade Facilitation and Simplification Act of 2016 (known by its acronym TFTEA) significantly liberalized, and sought to simplify the export incentive program referred to as duty drawback. The statute mandated a two-year implementation period to allow Customs sufficient time for rulemaking and the programming changes (drawback filing was stilled mired in Customs’ legacy system ACS) needed [...]

D. Luther: My Customs Broker Handles That

It's common for importers to rely heavily on the services of their customs brokers. Customs brokers are knowledgeable professionals licensed by U.S. Customs and Border Protection ("CBP"). They are "plugged in" to CBP's computer systems, and get real-time updates on changes to regulations and practices. Brokers do a complicated job with precision and speed. But there's a limit to [...]

Understanding The New Drawback Law: The ‘Other’ Problem

The primary liberalization of the duty drawback law passed as part of the Trade Facilitation and Enforcement Act of 2015 (TFTEA) involved redefining the substitution provision of the drawback law. While this “game-changer” will increase drawback recovery dramatically, the devil, as the saying goes, is in the details. Some background: The substitution method allows a drawback claimant to match [...]

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 [...]

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