Same-condition Substitution Duty Drawback

Same-condition substitution duty drawback in Global Commerce Policy

In this regard, same-condition substitution duty drawback is: a practice relating to trade in agricultural products prohibited under NAFTA. The entries on trade policy are here. It concerns the refund, waiving or reduction in the amount of customs duties owed on any agricultural good imported into the territory and substituted for an identical or similar good subsequently exported to the territory of another party. The entries on trade policy are here. A similar prohibition applies to customs duties on manufactured products. See also maquiladora industries.[1]

Same-condition substitution duty drawbackin the wold Encyclopedia

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

Resources

Notes and References

1. Dictionary of Trade Policy, “Same-condition substitution duty drawback” entry (OAS)

See Also