Comment period for proposed drawback rule change extended
The U.S. Treasury and Homeland Security departments have extended their comment period for a second time on a proposed rule to change the practice of filing substitution drawback claims under 19 U.S.C. 1313(j)(2) (unused merchandise substitution drawback) to recover internal revenue excise taxes.
Treasury's Alcohol and Tobacco Tax and Trade Bureau and Homeland Security's Customs and Border Protection proposed the rule on Oct. 15 to preclude this activity.
The comment deadline, initially set for Nov. 16, was reset to Dec. 14, and has been further extended to Jan. 12, 2010 at the request of the shipping industry.
For more details, access the Federal Register notice.