Duty Deferral Program

Duty deferral program in Global Commerce Policy

In this regard, duty deferral program is: a mechanism which exempts an importer from paying customs duties on products that are re-exported or used in the production of an article to be re-exported as was the case, for example, under the maquiladora system. See also drawback.[1]

Duty deferral programin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Duty deferral program” entry (OAS)

See Also