Answer the Membership

Subject:

Interest on IEEPA Refunds

Question:

My accounting department is keen to understand how CBP will calculate the additional interest on top of the IEEPA duties we overpaid and have submitted refunds for using CAPE (Phase 1) process. Will the additional interest be calculated starting with the entry date (e.g. when our IEEPA payment was originally made) and end with the entry liquidation/reliquidation date, or is there another timeframe that CBP is more likely to use?

This field is for validation purposes and should be left unchanged.
Files and attachments - If you want to include a file or attachment with your question, please use the File Uploader tool and then copy/paste the generated link(s) into the question field.
Do you wish to include your email address and other personal details (name, title, company) with this answer or send anonymously?(Required)
Email is needed for ICPA moderation purposes. If you choose to send anonymously it will not be shared with other members.
Fields below are optional. Even if they are filled they will not be shared with members if you select the option to send anonymously.
Answerer Name