CIT rules US can obtain lost duties from Nitek
Apr 17, 2012 | 04:28 PM
| Catherine Ngai
LONDON The U.S. Court of International Trade (CIT) has ruled that the U.S. government should be able to seek lost duties from an importer of iron pipe fittings from China, but said it could not demand penalties for negligence.
The U.S. Customs and Border Protection issued a letter to Nitek Electronics Inc. in 2004 claiming that the company owed duties on gas meter swivels and nuts imported between June 14, 2001, and March 22, 2004, because the merchandise was misclassified....
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