What Every Multinational Should Know About … Securing Refunds for Finally Liquidated Entries

Many importers are understandably confused about the current status of International Emergency Economic Powers Act (IEEPA) tariff refunds for “finally liquidated” entries — that is, entries that are more than 80 days beyond liquidation and therefore fall outside Consolidated Administration and Processing of Entries (CAPE) Phase 1. The confusion is not surprising.