Volume 72
Public Law 85–673
To amend the Tariff Act of 1930 to extend the privilege of substitution for the purpose of obtaining drawback upon reexportation to all classes of merchandise, and for other purposes.
Approved August 18, 1958
Statutory text
AN ACT
To amend the Tariff Act of 1930 to extend the privilege of substitution for the purpose of obtaining drawback upon reexportation to all classes of merchandise, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 313 (b) of the Tariff Act of 1930, as amended (19 U. S. C., sec. 1313 (b)), is amended to read as follows:
“(b) Substitution for Drawback Purposes.—
If imported duty-paid merchandise and duty-free or domestic merchandise of the same kind and quality are used in the manufacture or production of articles within a period not to exceed three years from the receipt of such imported merchandise by the manufacturer or producer of such articles, there shall be allowed upon the exportation of any such articles, notwithstanding the fact that none of the imported merchandise may actually have been used in the manufacture or production of the exported articles, an amount of drawback equal to that which would have been allowable had the merchandise used therein been imported; but the total amount of drawback allowed upon the exportation of such articles, together with the total amount of drawback allowed in respect of such imported merchandise under any other provision of law, shall not exceed 99 per centum of the duty paid on such imported merchandise.”
Sec. 2.
The amendment made by the first section of this Act shall be effective with respect to articles exported on or after the 30th day after the date of the enactment of this Act.
Approved August 18, 1958.