[Code of Federal Regulations]

[Title 19, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 19CFR113.65]



[Page 556-557]

 

                        TITLE 19--CUSTOMS DUTIES

 

   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 

              HOMELAND SECURITY; DEPARTMENT OF THE TREASURY

 

PART 113_CUSTOMS BONDS--Table of Contents

 

                    Subpart G_Customs Bond Conditions

 

Sec.  113.65  Repayment of erroneous drawback payment bond conditions.



    A bond for repayment of erroneous drawback shall contain the 

conditions



[[Page 557]]



listed in this section and may be either a single entry or continuous 

bond.



         Repayment of Erroneous Drawback Payment Bond Conditions



    (a) Agreement Under Exporter's Summary Procedure. If the principal 

is permitted to file drawback claims under the exporter's summary 

procedure and the principal's drawback claims are paid before a final 

determination that the principal:

    (1) Is entitled to the drawback claimed.

    (2) Correctly described the exported articles in the claim.

    (3) 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 Customs to have been erroneously paid as a result 

of an incorrect statement on the drawback claim, and

    (4) The principal agrees to pay any charges due Customs as provided 

by law or regulation.

    (b) Agreement Under Accelerated Payment of Drawback. If the 

principal receives an accelerated payment of drawback based on the 

principal's calculation of the drawback claim, the principal and surety, 

jointly and severally agree to refund on demand the full amount of any 

overpayment, as determined on liquidation of the drawback claim.



[T.D. 84-213, 49 FR 41171, Oct. 19, 1984, as amended by T.D. 86-178, 51 

FR 34959, Oct. 1, 1986; T.D. 88-72, 53 FR 45902, Nov. 15, 1988]