Duty Refund – Section 301 China Import Tariff
The U.S. Trade Representative (USTR) has reviewed thousands of requests from companies to exclude their products from the China Import Tariff. As of now, there are two lists of excluded products. Any customer can submit a Post Summary Correction (PSC) to U.S. Customs to apply for a duty refund. The exclusions are retroactive from July 6, 2018 and will expire on the following dates:
First group of excluded commodities will expire on December 28, 2019.
https://www.govinfo.gov/content/pkg/FR-2018-12-28/pdf/2018-28277.pdf
Second group of excluded commodities will expire on March 25, 2020.
https://www.govinfo.gov/content/pkg/FR-2019-03-25/pdf/2019-05588.pdf
Customers’ commodities must match the description listed in either of the two lists in order to be considered for a duty refund. If there is no description next to the Harmonized Tariff Schedule number (HTS#), then the HTS# needs to match. If you believe your company may qualify for a China Import Duty Tariff refund, please contact your local Speedmark representative.