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14 February 2018

US Customs publishes draft interim guidance for filing drawback claims under TFTEA

On February 9, two weeks before the Congressionally mandated date for the US Customs and Border Protection (CBP) to publish final regulations and begin accepting electronic filings of drawback claims made under the Trade Facilitation and Trade Enforcement Act (TFTEA), CBP announced that it would not have regulations in place. Further, it issued interim guidance on drawback filing. The interim guidance has material impact for exporters who may benefit from TFTEA drawback.

An Indirect Tax Services group Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0315

Document ID: 2018-0315

 

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