MLchartDataset catalogue

Drawback

Term · Logistics and supply chain · MLC-T-LOG-000092

A refund of customs duties, taxes, and fees previously paid on imported merchandise that is subsequently exported or destroyed under customs supervision. This mechanism encourages domestic manufacturing and export by neutralizing the duty burden on imported components. It applies to goods that are either unused or incorporated into other products before re-exportation.

Table 1. Record
IdentifierMLC-T-LOG-000092
FieldLogistics and supply chain
SubjectCustoms
Record as JSON 
{
  "id": "MLC-T-LOG-000092",
  "term": "Drawback",
  "field": "Logistics and supply chain",
  "definition": "A refund of customs duties, taxes, and fees previously paid on imported merchandise that is subsequently exported or destroyed under customs supervision. This mechanism encourages domestic manufacturing and export by neutralizing the duty burden on imported components. It applies to goods that are either unused or incorporated into other products before re-exportation.",
  "subject": "Customs",
  "url": "https://mlchart.com/terminology/logistics/drawback/"
}

Record 101 of 256 in Logistics and supply chain terminology (MLC-0105). Request the full dataset.