„Drawback“

What does Drawback stand for?

(USA) A refund of duty and taxes which may be obtained upon the exportation or destruction of certain articles under certain conditions.

Source:

Grainger, Richard M., Smythe, Marcella T. “International Trade Regulation: A Brief Guide and Glossary”. Irwin Law. 1st Edition. 2015. pp. 423-427.

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