Question

write short note on duty drawbacks.​

Answer 1

Answer:

Duty drawback is a refund of 99% of the duties paid on goods imported into the United States that are subsequently exported. The drawback claimant can either be an importer, manufacturer or exporter, provided the proper authorization and documentation is filed with the U.S. Customs Service...

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Answer 2

The Main Types of Duty Drawback

•Manufacturing Direct Identification Drawback. When duty-paid imported material is used to manufacture a product, which is subsequently exported from the United States, U.S. import duty may be recovered. ...

•Manufacturing Substitution Drawback. ...

•Unused Merchandise Direct Identification Drawback.