On August 2, 2018, U.S. Customs and Border Protection (CBP) released the proposed regulation changes to drawback as required by the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA).
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The proposed rulemaking changes to drawback include:
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Instructions on filings during the transition period;
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Interim policy guidance procedures for filing claims;
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TFTEA related changes;
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Bonds;
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Joint and several liability for the importer of the goods and the drawback claimant;
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Technical corrections.
CBP invites public participation by submitting comments on the proposed rulemaking to the Federal eRulemaking portal at http://www.regulations.gov or by mail to the Trade and Commercial Regulations Branch in Washington, DC. Interested parties should use docket number USCBP-2018-0029.
The Federal Register Notice may be found here:
https://www.federalregister.gov/documents/2018/08/02/2018-16279/modernized-drawback
