What does drawbacks mean mean?


What does drawbacks mean mean?

noun. a hindrance or disadvantage; an undesirable or objectionable feature. Commerce. an amount paid back from a charge made.

What are examples of drawbacks?

The definition of a drawback is a disadvantage or negative feature. An example of drawback is not being near bathrooms while camping. Money paid back from a charge previously made; refund, esp. of import duties when the taxed commodities are later exported.

What is its main drawback?

A drawback is an aspect of something or someone that makes them less acceptable than they would otherwise be. […]

What does drawback mean in government?

Drawback, also known as duty drawback is the refund of duties, certain taxes, and certain fees collected upon the importation of merchandise into the United States.

What does drawback mean in business?

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.

What is the difference between a benefit and a drawback?

As nouns the difference between disadvantage and benefit is that disadvantage is a weakness or undesirable characteristic; a con while benefit is an advantage, help or aid from something.

How do you use drawbacks?

the quality of being a hindrance.

  1. It’s a great city – the only drawback is the weather.
  2. The main drawback to it is the cost.
  3. Complacency is a drawback to progress.
  4. Slow speed is the chief drawback of sea shipment.
  5. The one big drawback with the planned scheme was its high cost.

Are drawbacks good?

A drawback does not apply to goods that have been damaged or spoiled prior to being exported. Companies greatly benefit from drawbacks as it reduces their tax burden and, therefore, improves their bottom line.

When can you claim drawback?

Drawback is the refund of certain duties, internal revenue taxes and certain fees collected upon the importation of goods. Such refunds are only allowed upon the exportation or destruction of goods under U.S. Customs and Border Protection supervision.

What is the full meaning of DBK?

Term. Database Backup (dbase Iv) File Type. DBK.

Are cons the disadvantages?

is that disadvantage is a weakness or undesirable characteristic; a con while con is a disadvantage of something, especially when contrasted with its advantages (pros ) or con can be (slang) a convicted criminal, a convict or con can be (slang) a fraud; something carried out with the intention of deceiving, usually for …

What are Pons and cons?

the favorable and the unfavorable factors or reasons; advantages and disadvantages.

What is the meaning of drawbacks in English?

Definition of drawback. (Entry 1 of 2) 1 : a refund of duties especially on an imported product subsequently exported or used to produce a product for export. 2 : an objectionable feature : disadvantage The plan’s only drawback is its cost.

What is the plural of drawback?

drawback (plural drawbacks) A disadvantage; something that detracts or takes away. Poor fuel economy is a common drawback among larger vehicles. A partial refund of an import fee, as when goods are re-exported from the country that collected the fee.

What is customs drawback?

A drawback is a refund, in whole or in part, of the customs duties collected upon the importation of materials that are later exported unused or as a finished good. Drawback is driven by exports.

What is manufacturing drawback?

Manufacturing Drawback. Manufacturing Drawback is for products that have been exported after being altered. Exported components must be directly identified to the imported component.

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