Are fund usually granted for goods imported and later re-exported is called?

The term used to describe the fund granted for goods that are imported and later re-exported is called "customs drawback." Customs drawback is a type of refund or rebate of duties paid on imported goods that are subsequently exported. It is a way for exporters to recover some of the costs associated with importing goods, such as customs duties and fees. To be eligible for customs drawback, the goods must have been previously imported and duty paid, and must be exported within a specified time frame. The exporter must provide proof of the original import and payment of duties, as well as documentation of the subsequent export. In summary, customs drawback is a financial benefit that allows for the recovery of duties paid on imported goods that are later exported.