13 Jun 2025
📦DHS Requests Comments on Drawback Process Regulations
Agency Information Collection Activities; Extension; Drawback Process Regulations (Form 7553)
Summary
The Department of Homeland Security, U.S. Customs and Border Protection (CBP) will be submitting the following information collection request to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). The information collection is published in the Federal Register to obtain comments from the public and affected agencies.
Agencies
- Homeland Security Department
- U.S. Customs and Border Protection
Business Impact
$$$ - High
The content discusses the Drawback Process Regulations and the requirement for businesses to submit information for compliance with CBP guidelines. It's essential for importers and exporters seeking duty refunds and mandates electronic filing, indicating regulatory compliance requirements that businesses must adhere to.