Drawback System: The customs system which, when goods are exported, enables goods, to obtain total or partial repayment of import duties and taxes levied on the goods, be it the products contained in the goods exported or consumed during their production.
Drawback: The amount of import duties and taxes refunded under the drawback system.
Equivalent Goods: Domestic or imported goods that are identical in kind, quality and technical characteristics to those placed in the drawback regime they replace.
CONDITIONS TO FULFIL
The customs authorities do not suspend the payment of drawback on the sole reason that, at the time the goods were imported for consumption, the importer has not indicated that he intends to claim drawback on export. Similarly, the export of goods is not mandatory when such a declaration was made at the time of import.
DURATION OF STAY OF GOODS IN THE CUSTOMS TERRITORY
Where a time limit has been set for the export of goods, after which they are no longer eligible for drawback, this time limit may, on request, be extended for reasons deemed valid by the Customs Administration.
DRAWBACK PAYMENT
Drawback is paid as soon as possible after the claim has been verified.
Drawback may also be paid when goods are placed in a customs warehouse or enter a free zone, provided they are to be exported at a later date.
The Customs Administration may, on request, pay drawback periodically for goods exported during a given period.
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