2018 April No.59 – Bonds


59. A principal is permitted to file drawback claims under the exporter’s summary procedure and the principal’s claims are paid prior to final determination. The bond for that principle must include an agreement that contains all of the following conditions except:

A. The principal correctly described the exported articles in the claim

B. The principal agrees to provide proof of export upon request

C. The principal agrees to pay any charges due CBP as provided by law or regulation

D. Correctly stated the facts of exportation in the claim; the principal and surety, jointly and severally agree to refund, on demand, any money claimed by CBP to have been erroneously paid as a result of an incorrect statement on the drawback claim

E. The Principal is entitled to the drawback claimed

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The Answer is: B

Citation: 19 CFR 113.65

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