Document mbm1BkRm0DzKdJn9eM9nBYVyB

A' av-'J^S~J?-i'^.^.--aiaJrfiru?. ,<.5 ; i ip i i i ': i- i . -J < i LEAD INDUSTRIES ASSOCIATION Graybar Building, 420 Lexington Avenue New York, N. Y. March 11th, 1933. To Member Coopanlea Using the Dnvimct Regulations* for the Benefit of those who raay not be familiar with recent chances in the Drawback rerulations made by the Secretary of the Treasury, libera11a ns the time limit under which articles manufactured with benefit of drawback must be exported from the United States, the follarr.lnR data are provided* tinder the provision of the Tariff Act of 1930, Section 313 (h), it is specified that no drawback shall be permitted unless the completed article is exported within thrrr wears after importation of the imported merchandise, (Members may recall that the Bureau of Customs, in February 1931, ruled that importation was defined, for drawback pur poses, as the, date of arrival in the United States of the imported merchandise to be used as a basis for the drawback claim.) On May 7, 1932, in Treasury Decision Ho. 46627, importations between April H, 1929 and Decerbfr 31, 1929, were Riven a four rear limit for exportation with drawback privileges, if otherwise eligible. Instead of three years. Subsequently, la Treasury Decision Ko. 46107, dat>-d January 14, 1933, an additional year was Rrcn ted for exportation, making the time limit five years. In another Treasury Decision, Mo. 46089, dated December 30, 1932, the three year time limit for importa tions during the calendar year 3930 was extended to five years. * To summarise, the time limit for exrortation of merchandise imported for drawpack purposes between April 14, 1929 and December 31, 1930 has been extended from the three wear period ts a five year period after date of importation. Respectfully yours. /