Drawback

Drawback, also known as duty drawback is the refund of certain duties, taxes, and certain fees collected upon the importation of merchandise. Refunds are only allowed upon the exportation or destruction of the imported merchandise, a certain manufactured article, or a valid substitute. Drawback was established in 1789 in order to promote exports and manufacturing within the U.S. market. Claimants may be the importer, exporter, or other party within the drawback transaction. Drawback, also known as duty drawback is the refund of certain duties, taxes, and certain fees collected upon the importation of merchandise. Refunds are only allowed upon the exportation or destruction of the imported merchandise, a certain manufactured article, or a valid substitute. Drawback was established in 1789 in order to promote exports and manufacturing within the U.S. market. Claimants may be the importer, exporter, or other party within the drawback transaction.