Definition of drawback
WebDefinition of Drawback. a disadvantage or downside. Examples of Drawback in a sentence. The cruise to the Bahamas offered many perks, but the overall price was still a drawback. 🔊. Selling the house included the drawback of having to find and hire a realtor. WebDrawback. The refund by a government, in whole or part, of customs duties assessed on imported goods that are subsequently exported. Drawback may also often be claimed …
Definition of drawback
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WebBritannica Dictionary definition of DRAWBACK. [count] : something that causes problems : disadvantage. The only drawback [= downside] to the plan is that we don't have the time … Weba hindrance or disadvantage; an undesirable or objectionable feature. Commerce. an amount paid back from a charge made. Government. a refund of tariff or other tax, as …
WebA “drawback successor” is a manufacturer or producer to whom another entity (predecessor) has transferred, by written agreement, merger, or corporate resolution: (i) All or substantially all of the rights, privileges, immunities, powers, duties, and liabilities of the predecessor; or. (ii) The assets and other business interests of a ... WebJan 31, 2024 · A drawback is a rebate on taxes or tariffs paid by businesses on goods that were imported into the United States and then exported out again. Investing Stocks
WebNonetheless, Acme is entitled to a drawback equal to 99% of the duties paid on imported motors, as if those motors had been used to manufacture the 50 winches for export, i.e., .99 X $50 = $49.50. However, the total drawback paid may not exceed 99% of the total duties paid on imported materials. Thus, if Acme Corporation imported 100 motors as ... Webdrawback. plural. drawbacks. DEFINITIONS 1. 1. a feature of something that makes it less useful than it could be. drawback of/to: The main drawback of the scheme is its expense. Collocations and examples.
Webdrawback. noun. /ˈdrɔːbæk/. /ˈdrɔːbæk/. drawback (of/to something) drawback (of/to doing something) a disadvantage or problem that makes something a less attractive idea …
WebSep 2, 2024 · The Federal Circuit affirmed the CIT’s finding that the statutory definition of drawback was unambiguous and thus, inappropriate for administrative interpretation and Chevron deference. The Court noted that drawback is “designed to incentivize exports from the United States and allow U.S. exporters to compete more fairly with overseas ... synthetic drugs effectsWebDrawback noun. money paid back or remitted; especially, a certain amount of duties or customs, sometimes the whole, and sometimes only a part, remitted or paid back by the … synthetic division kutaWebDrawback “Drawback” is great because it gives you a reason not to go forward with certain plans. If the drawback is big enough, it can be really detrimental to the progress of the company.. The definition of “drawback,” according to The Cambridge Dictionary, is “a disadvantage or the negative part of a situation.”. Please tell me you can already see the … synthetic dropout mediumWebDefine drawbacks. drawbacks synonyms, drawbacks pronunciation, drawbacks translation, English dictionary definition of drawbacks. n. 1. A disadvantage or inconvenience. See Synonyms at disadvantage. ... drawback - the quality of being a hindrance; "he pointed out all the drawbacks to my plan" disadvantage - the quality of … synthetic febric printing processWebDrawback entries may be liquidated after: (1) Liquidation of the designated import entry or entries becomes final pursuant to paragraph (e) of this section; or. (2) Deposit of estimated duties on the imported merchandise and before liquidation of the designated import entry or entries. (b) Claims based on estimated duties. synthetic extract flavoring crossword clueWebDefinition of DRAWBACK in the Definitions.net dictionary. Meaning of DRAWBACK. What does DRAWBACK mean? Information and translations of DRAWBACK in the most comprehensive dictionary definitions resource on the web. Login . The STANDS4 Network. ABBREVIATIONS; ANAGRAMS; BIOGRAPHIES; CALCULATORS; CONVERSIONS; … synthetic emulsifiers in foodWebApr 8, 2024 · Only drawback definition: A drawback is an aspect of something or someone that makes them less acceptable than they... Meaning, pronunciation, translations and examples synthetic dysfunction