CBP Form 7553 Notice of Intent to Export, Destroy or Return Merchandise for Purposes of Drawback

What Is CBP Form 7553?

This is a legal form that was released by the U.S. Department of Homeland Security - Customs and Border Protection on December 1, 2019 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is CBP Form 7553?
A: CBP Form 7553 is the Notice of Intent to Export, Destroy or Return Merchandise for Purposes of Drawback.

Q: What is the purpose of CBP Form 7553?
A: The purpose of CBP Form 7553 is to notify the U.S. Customs and Border Protection (CBP) of the intent to export, destroy, or return merchandise for purposes of drawback.

Q: What is drawback?
A: Drawback is a refund of certain duties, taxes, and fees paid on imported merchandise, when that merchandise is subsequently exported or destroyed.

Q: Who needs to file CBP Form 7553?
A: Any person or entity who intends to claim drawback on exported, destroyed, or returned merchandise needs to file CBP Form 7553.

Q: Are there any fees associated with filing CBP Form 7553?
A: There are no fees associated with filing CBP Form 7553.

Q: What information is required on CBP Form 7553?
A: CBP Form 7553 requires information such as the name and address of the exporter, description of the merchandise, and details of the intended export, destruction, or return.

Q: When should I file CBP Form 7553?
A: CBP Form 7553 should be filed as soon as possible, but no later than five business days before the intended export, destruction, or return of the merchandise.

Q: Is CBP Form 7553 mandatory?
A: Filing CBP Form 7553 is mandatory if you intend to claim drawback on exported, destroyed, or returned merchandise.

Q: Can I file CBP Form 7553 electronically?
A: Yes, CBP Form 7553 can be filed electronically through the Automated Commercial Environment (ACE) system.