Duty drawback allows companies to claim refunds of duties paid on imported merchandise that is exported in the same condition or that is processed or assembled into a finished article that is then exported.
Only a small percentage of duty paid to the government is drawn back. Many companies simply do not know that they are able to reclaim duty or how to go about it. Reclaiming overpayments puts cash back in your pocket. We have highly specialized duty drawback expertise who recover millions of dollars annually for our clients.
We offer a free consultation to determine if the possibility of duty recovery exists. For potential duty drawbacks, our recovery specialists will work with you to determine the approximate amount and which methodology should be used to maximize your claim. Each drawback claim involves a very detailed analysis of your imports and exports and the collection of supporting documentation, all within complex legislation and strict regulations. There is minimal disruption to your workplace. And, other than a minimal application and program set up fee, there is no upfront cost to you as the service is based on contingency.
Where warranted, we can also help you adjust your process to drawback duty on an ongoing basis.