Duty drawback allows companies to claim refunds on duties, taxes, and fees paid on imported merchandise that’s subsequently exported in the same or similar condition, processed or assembled into a finished article that is then exported, or destroyed under customs supervision.
Only a small percentage of duty paid to the government is drawn back. Many companies simply are not aware that they’re able to recover duty, or how to go about it. Filing drawback puts cash back in your pocket. We have highly specialized duty drawback experts who recover millions of dollars annually for our customers.
We offer a free consultation to determine if the possibility of duty recovery exists. If there’s potential for duty, tax, or fee recovery, our team 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. Other than a minimal application and program set up fee, there is no upfront cost to you as the service is based on contingency. And, where warranted, we can also help you adjust your process to drawback duty on an ongoing basis.
To learn more about Duty Drawback, watch our webinar “The Basics: U.S. Duty Drawback“.