Drawback rates reduced progressively with longer delays before re-export, ending in no refund after the longest prescribed interval. Amendment substitutes a new schedule specifying graduated drawback rates tied to the period between clearance for home consumption and placement under Customs control for export, with the proportion of import duty refundable decreasing in defined intervals and ceasing to be payable when the period exceeds thirty-six months.
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Drawback rates reduced progressively with longer delays before re-export, ending in no refund after the longest prescribed interval.
Amendment substitutes a new schedule specifying graduated drawback rates tied to the period between clearance for home consumption and placement under Customs control for export, with the proportion of import duty refundable decreasing in defined intervals and ceasing to be payable when the period exceeds thirty-six months.
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