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Customs Nixes Rule Closing Drawback Loophole

By Leigh Kamping-Carder ( March 3, 2010, 3:19 PM EST) -- U.S. Customs and Border Protection has opted to withdraw a proposed rule that would have closed a loophole the agency said allowed importers to effectively skirt 99 percent of the federal excise taxes levied on alcohol, tobacco and certain types of fuel....

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