Custom House, Collectors' Office Drawback certificate 1868
Nice collectible with a elaborate engraved vignette of various sailing ships in port. Under print of "Domestic Manufactures" Redeemed and cancelled. Dated 1868.
These certificates were issued by government custom houses to ensure the proper payment and rebates of duties on imported goods. Certificate details exchange of funds carried on ship. Duty Drawback is the rebate of duty chargeable on imported material or excisable material used in the manufacturing of goods in and is exported. The exporter may claim drawback or refund of excise and customs duties being paid by his suppliers. The final exporter can claim the drawback on material used for the manufacture of export products. In case of re-import of goods the drawback can be claimed. The object of a drawback is to let commodities which are subject to taxation be exported and sold in a foreign country on the same terms as goods from countries where they are untaxed