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Understanding the Drawback Changes in the Customs Bill

The Trade Facilitation & Trade Enforcement Act of 2015 contains some significant changes to drawback. Michelle Forte, Vice President at Charter Brokerage LLC, an Associate Member of USFIA, discusses these changes and the implications for the fashion industry, including how simplification eases the way imports and exports are matched. She covers topics including:

  • What is drawback?
  • Review of the old drawback law
  • Review of the drawback simplification changes under H.R.644, Section 609 
  • Implications for the apparel industry, including new time requirements, new liabilities, and the phase-in period
  • Examples

Michelle Forte provides specialized guidance regarding international trade strategies and regulatory compliance in connection with the import/export of products with complex issues. Michelle joined Charter Brokerage after many years as in-house international trade counsel at CIBA CORPORATION and BASF Corporation. Previously, she was a partner in the New York office of Ross & Hardies (nka McGuire Woods LLP), where she counseled and represented a diverse range of businesses before the federal agencies and courts relating to international trade matters.

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