About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

B-114898 1 (1973-06-25)

handle is hein.gao/gaobabkhn0001 and id is 1 raw text is: ~Sfl~AcT N ot to be regesed outside thio G Accou ht ha O ffice exce t n th basis of 5lsec M ap X by the Offce of Congressonal Reations, COMPTROLLER GENERAL OF THE UNITED STATES SRULEASED WASHINGTON. D.C. 20548 B-114898 JUN 973 The Honorable Russell B. Long Chairman, Committee on Finance, United States Senate Dear Mr. Chairman: Section 313 of the T-a;i-ff-At_,-fl&0 , as amended (19 U.S.C. 1313), provides for the refund of duty (drawback) on exports of items manufactured from duty-paid imported mate- rial or like domestic material substituted for duty-paid im- ported material. This provision is dqsignd4toe.q__age ex p.qrt 1% y rec b , ,oerigduwie so on exportswhich compete with gdomestic material f-4rmp- xte_t24.mat.j r.ial, to avoid the administrative problems involved in keeping separate records for imported and domestic materials. The Bureau of Customs, Department of the Treasury, is responsible for administering section 313. Our review of dr wb-a,,c_. y.ae O poredpetroleum products showed that refunds were being made for petroleum products exported under programs of the Agency for Inter- national Development (AID) e.not copeewith foreign petroleum products. The F as amended (22 U.S.C. 2151), states that, whenever practicable, foreign assistance shall consist of U.S. products. Also sales to foreign govern- ments are made under AID agreements which generally include provisions that virtually preclude foreign competition. There- fore we believe that products exported under AIDhprogams should be ineligible for drawback payments. Statistics published by AID show that, during fiscal year 1971, AID also financed through grants and loans the procure- ment of numerous products,. such asaluminum, chemicals, and steel, on which drawback was paid. We did not attempt to de- termine the amount of drawback payments made for exports un- der AID programs, but we believe that such payments could be substantial. One drawback claim, filed in August 1970 for exports of petroleum products from one refinery, amounted to about $1.2 million, of which $49,000, or about 4 percent, was for exports under AID programs. Total drawback payments for

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most