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A drawback in NAFTA. (eligibility of duty drawback of some imports)

American Shipper

| February 01, 1994 | Knee, Richard | COPYRIGHT 1990 Howard Publications, Inc. (Hide copyright information)Copyright

Some types of imports have lost duty-drawback eligibility; others will lose it between 1996 and 2001.

Certain imported materials lost their eligibility for duty drawback at the new year, and drawback applicability on some other type of imports will end Jan. 1, 2001, under the North American Free Trade Agreement.

Gone immediately is drawback qualification for "same-condition substitution" goods -- items imported from Canada or Mexico and replaced with an identical product from another country before re-export.

That, according to one estimate, will cost some 100 U.S. companies among a handful of industries -- especially automotive, chemical and high …

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