drawback definition

drawback means the amount of import duties and taxes repaid under the drawback procedure;
drawback means a refund of all or part of any duty or excise duty paid in respect of goods exported or used in a manner or for a purpose prescribed as a condition for granting drawback;
drawback means any arrangement, including temporary duty-free admission, for the refund of all or part of the duties applicable to imported raw materials, provided that the arrangement, expressly or in effect, allows such refund or remission if goods are exported but not if they are retained for home use;

Examples of drawback in a sentence

  • If Seller is the importer of record into the United States for any goods, including any component parts thereof, associated with this Order, Seller shall provide Buyer required documentation for Duty Drawback purposes which includes, but is not limited to, Customs Form 7552 entitled “Certificate of Delivery” properly executed as well as Customs Form 7501 “Entry Summary” and a copy of Seller’s Invoice.

  • The provisions of this Agreement dealing with Delivery, Payment and Set-off, Warranty, Confidential Information and Advertising, Intellectual Property Indemnity, Changes, Term of Availability, U.S. Customs, Marking, and Duty Drawback Requirements, Compliance with Laws, General, and all other sections which by their language, context or nature are intended to survive, shall survive termination or expiration of this Agreement.

  • Seller warrants that information contained in such Form #CF33 shall be accurate and shall comply with United States Duty Drawback and Customs laws and regulations.

  • Supplier will provide Applied, or any agent designated by Applied for this purpose, with all U.S. Customs entry and shipment data concerning applicable Items that Applied determines is necessary for Applied to qualify for duty drawback ("Duty Drawback Information").

  • Solectron will submit, for any Products and Parts containing imported components, a Manufacturing Drawback Entry and/or Certificate (Customs Form 331 or other as applicable), will retain all records required by U.S. statutes and regulations and identified in any drawback contract covering Products and Parts, and will assist NCR as reasonably requested by providing relevant information to NCR, in order to claim duty drawback for Products and Parts.


More Definitions of drawback

drawback means duty repaid or repayable in respect of customed goods by reason of the re-export of the same or some other provision of this or any other law;
drawback means a refund of all or part of any duty of customs authorised by any enactment in respect of goods exported or used in any particular manner;
drawback means drawback referred to in the Customs Act, 1962;
drawback means measures in which a Party refunds the amount of customs duties paid on a good imported into its territory, on condition that the good is:
drawback means a refund, on exportation, of all or part of any customs duty paid on importation;
drawback means a refund of all or part of any dues in respect of goods exported or used in any particular manner;
drawback means the repayment or remission of import duties on goods released for free circulation if such goods are exported from the customs territory of the Community in an unaltered state or in the form of processed products.