Accelerated Payments of TFTEA Drawback Claims to Come After Final Rule Effective, CBP Says

Accelerated payment for processing of drawback claims under new Trade Facilitation and Trade Enforcement Act drawback procedures will be allowed by CBP after the effective date of final regulations, a CBP spokesman said. The agency "is on track to deliver TFTEA drawback in ACE on February 24, 2018 as scheduled," he said. "In the absence of a final rule, CBP will not be granting accelerated payments for TFTEA drawback claims. Once the final rule is effective, accelerated payment will be granted and TFTEA drawback claims will be processed." The absence of accelerated payments means that the initial drawback claim liquidations could take up to a year (see 1801250034).