Flexport recently spotlighted how technology can help unlock larger duty drawback refunds, urging companies to rethink how they manage claims. In a recent webinar, Tim Vorderstrasse, Flexport’s head ...

Customs duty drawback has long been recognized as a lawful means by which importers may reduce the realized impact of tariff duties on imported items. United States Customs and Border Protection (“CBP ...

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

Americans are not in a good mood this month after cutting big checks to the IRS, thanks to a complicated and unfair tax code. There is a feeling that large corporations and rich individuals know how ...

Rising tariffs and trade enforcement are reshaping the economics of international e-commerce. For brands importing into the U.S. and shipping globally, duty costs have climbed significantly—especially ...

If your company imports goods into the United States, you may be sitting on a significant refund you’ve never claimed. Duty drawback — a U.S. government program that refunds up to 99% of import duties ...

The government decision to increase the drawback rate on select gold and silver article will help moderate the impact of the proposed US tariff and sliding global demand for jewellery. The Customs has ...

Export Promotion Bureau (EPB) has suggested reinforcing duty drawback system instead of existing cash incentive one for importing raw materials from the global market. If the duty drawback system ...