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U.S. drawback claims under “Section 301” certain imports from China

U.S. drawback claims under “Section 301”

U.S. Customs and Border Protection (CBP) today issued a release noting that certain goods and products imported from China and subject to additional import duties under the “Section 301” action are eligible for drawback claims.

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As noted in today’s CBP release—CSMS #18-000498—the United States in August 2018 released a list of 279 eight-digit Harmonized Tariff Schedule of the United States (HTSUS) subheadings under the Section 301 tariff action. With additional import duties for Chinese goods, importers must also report the 9903.88.01 special tariff number for goods subject to the additional duty assessment of 25% ad valorem as a result of the Section 301 trade remedy.

The additional import duties for Chinese goods covered by a 16 August 2018 list of products subject to the Section 301 action are effective with respect to goods entered, or withdrawn from warehouse for consumption, on or after 12:01 AM EDT on 23 August 2018. In addition to reporting the Chapter 1-97 HTSUS classification of the imported merchandise, importers also are to report the 9903.88.02 special tariff number for goods subject to the additional duty assessment of 25% ad valorem as a result of the Section 301 trade remedy.

The Section 301 duties only apply to products of China, and are based on the country of origin, not country of export.

The CBP release also notes that Section 301 duties are eligible for duty drawback.

 

For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner, Global Practice Leader
T: 312-665-1022
E: dzuvich@kpmg.com

Andy Siciliano
Partner, National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Robert Waldrop
Principal
T: 212-954-8117 
E: rwaldrop@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

John L. McLoughlin
Principal, East Coast Leader
T: 267-256-2614
E: jlmcloughlin@kpmg.com

Luis (Lou) Abad
Principal, WNT
T: 212-954-3094
E: labad@kpmg.com

Amie Ahanchian
Managing Director
T: 202-533-3247
E: aahanchian@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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