Foreign trade zones (or free ports)

Bibliographic data

Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 1. General analysis

Collection:: Economics Books

FOREIGN TRADE ZONES 21 warehouses and smelting and refining warehouses are special classes, for which separate rules and regulations have been prescribed by the Customs Service. Drawback —Merchandise upon which duties have been paid and which have remained continuously in bonded warehouse or otherwise in the custody and control of customs officials may be entered or withdrawn at any time within three years from date of importation for exportation or for transportation and exportation. Upon such entry or withdrawal 99 per cent of the duty paid thereon may be refunded. Upon exportation of articles manufactured or produced in the United States with the use of imported merchandise, the duties paid on the merchandise so used less 1 per cent of such duty may be refunded as drawback, except that such duty shall not be so refunded apon the exportation of flour or by-products produced from imported wheat unless an amount of wheat grown in the United States equal to not less than 30 per cent of the amount of such import wheat has been mixed with such import wheat. This provision also applies to vessels constructed and equipped in the United States with the use of imported materials for foreign account and ownership, or for the government of any foreign country. As exportation contemplates shipment to a foreign country, draw- back can not be allowed on shipments to United States possessions, unless the same is authorized by specific provision of law or by necessary implication. No drawback of additional duty imposed for undervaluation, nor of discriminating duty, nor of additional duty paid on any wool used in violation of the bond provided for in para- graph 1101 of the tariff act of 1922, nor on merchandise remaining nelaimed in general order for more than one year, will be allowed. The entry or withdrawal of merchandise in customs custody for exportation with benefit of drawback must be made within three years from the date of importation. No drawback will be paid unless the merchandise is exported in the original packages in which imported, without diminution or change in quantity, quality, or value, unavoidable wastage or damage excepted, or in the packages to which transferred when repacked under special authority. No drawback will be allowed on any merchandise if it has been released from the custody or con- trol of the government prior to being laden for exportation, as such custody must be continuous and uninterrupted from the time of importation until the time of exportation. Drawback will not be allowed on merchandise loaded at night or on Sundays or legal holidays without customs inspection and supervision. It is essential in the administration of the drawback law that exporters in all cases provide the requisite opportunity and the nec- essary facilities for official inspection, sampling and ascertainment of quantities. Collectors, in their discretion, indicate on the notices of

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