What is duty drawback with example?
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Studied at the University of Cape Town, Lives in Cape Town, South Africa.
A common example would be when freight is imported into the US and sold to a foreign customer and re-exported - Duties paid on the imported merchandise may be refundable by US Customs. Duty Drawback is a refund of duty paid on imported merchandise that is linked to an exportation (or destruction) of an article.
2023-05-08 14:52:16
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Lucas Davis
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A common example would be when freight is imported into the US and sold to a foreign customer and re-exported - Duties paid on the imported merchandise may be refundable by US Customs. Duty Drawback is a refund of duty paid on imported merchandise that is linked to an exportation (or destruction) of an article.