Filing for duty drawback with U.S. Customs and Border Protection (CBP) remains one of the most complex and time-consuming processes for American shippers, but it has become easier during the past year ...
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 ...
With the global trade landscape in flux, exporters must contend with changing tariffs, complex trade agreements, and uncertain supply chains. Fortunately, amid this turmoil, there’s a largely untapped ...
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 ...
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 ...
Headings and provisions are harmonised to include section 84 entries. The key outcome is uniform treatment across export ...
The Federal Board of Revenue (FBR) has expanded the list of textile items for payment of duty drawback to the exporters with nominal reductions in rates for textile fabrics, garments, engineering, ...
CESTAT held that duty drawback must be recovered when genuine sale proceeds of exports are not realised. Mere receipt of unrelated remittances does not satisfy Rule ...