What is a Drawback Bond?

Posted on: July 27th, 2012 • In Bond Type: 301-1A - Drawback, Bonds

Duty Drawback, or the 301-1A, is a process by which an entity, known as the claimant, may recover up to 99% of the duty they paid on goods to enter those goods into the country & then either exported or destroyed those goods. The claimant may file a claim with

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