Substitution drawback on reciprocal tariffs
Question: CBP allows drawback of reciprocal duties. But can that be substitution drawback? And if so, which duty rate can we draw back? For the EU, it was 20% for a while, but is now 15%. Can we arbitrarily elect to draw back 20% in substitution drawback? Answer 1: Under 1313(j)(2), Unused Substitution, you can […]