duty drawback Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “duty drawback” in the English Dictionary

"duty drawback" in Business English

See all translations

duty drawbacknoun [C or U]

uk   us   ( US also drawback)
TAX, COMMERCE taxpaid on ​importedmaterials that is ​paid back when ​goods or ​products made with those ​materials are ​exported again: There is a duty drawback ​scheme for ​foreigninputsentering into ​production for ​export.
(Definition of duty drawback from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of duty drawback?
Add Cambridge dictionaries to your browser to your website
Word of the Day

harvest

to pick and collect crops, or to collect plants, animals, or fish to eat

Word of the Day

In London but at the station: prepositions for talking about travel
In London but at the station: prepositions for talking about travel
by Liz Walter,
September 02, 2015
Several readers have asked for information on prepositions, so I will start with a blog post that looks at an area where they are really important: travel. The first thing to remember is that we use to (and not ‘in’) after the verb go: We are going to London. I went to

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More