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New Drawback Law

Previous News Articles

    Customs May Suspend Accelerated Payment of Drawback Claims Filed Under TFTEA

Customs May Suspend Accelerated Payment of Drawback Claims Filed Under TFTEA

 Customs May Suspend Accelerated Payment of Drawback Claims Filed Under TFTEA Unfortunately for the drawback trade community, the transition from the existing drawback program to the new regime required by the passage of The Trade Facilitation and Enforcement Act of 2016 threatens to disrupt payment of drawback claims starting February

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    Understanding the New Drawback Law: the “Other” Problem

Understanding the New Drawback Law: the “Other” Problem

Understanding the New Drawback Law: the “Other” Problem Anthony Nogueras, Aug 1, 2017 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,

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    Customs Transition of Drawback to ACE Under New Regime Delayed

Customs Transition of Drawback to ACE Under New Regime Delayed

Anthony Nogueras, May 31, 2017 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

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