Duty drawback deadlines are governed by a strict five-year statutory window. Learn how the five-year rule affects tariff refunds and how to prevent recoverable duties from expiring.
The imposition of several different tariffs across lists of products spanning nearly every category of product over the last several years has meant that a keen eye towards Customs compliance remains a critical part of any supply chain. A Customs broker that understands and can adapt to the rapid pace of change and can apply that to any business is crucial now more than ever for achieving success.
Excise taxes paid on imported goods may be recoverable through duty drawback when those goods are later exported or destroyed. This article explains how excise tax refunds work under drawback law, what changed under TFTEA, and what recent court decisions mean for importers.
At JM Rodgers, we are always seeking to improve the service and experience we give to our clients. As Customs brokers and freight forwarders, we know that it’s important that our clients always have access to the most up to date information on their shipments- and to do that, we are soon unveiling a brand new custom-designed tracking system for our clients.
2020 has been a difficult year for many, and so it has remained paramount for us at J.M. Rodgers to ensure we give…
In 2020 J.M. Rodgers achieved or exceeded our goals set forth in our ‘Green Initiative’. Please see some of the statistics that we…
When beginning a duty drawback program, it is necessary to consider the best type of drawback for the specific situation each claimant is…
There are a lot of moving parts when it comes to getting any shipment in or out of the United States. The logistics of moving products from overseas and safely delivered at a client’s doorstep involves the coordination of many parties and carriers to handle the goods, but the step of choosing the right Customs broker is absolutely critical.
JM Rodgers has placed high importance on maintaining information security and ensuring that our entire staff is aware best practices to keep our clients’ information safe. When dealing with sensitive information as Customs brokers do, it’s necessary for all levels of the company to understand what needs to be done.
Many industries are staring at a large increase in their product costs this week, as the first wave of temporary exclusions is set to expire on Friday, with an additional group of them set to expire in later September. Thus far there has been no indication that the government will be extending any exclusions- and importers will be stuck on the hook for these increases.
The United-States Mexico Trade Agreement is fully in effect as of last week, and a host of changes to Customs processes in all three countries are in place. One area of particular concern to many of our clients has been how drawback is affected or changed by this agreement.
Under the USMCA, much of the pre-existing structure of drawback has been preserved. The necessity to follow rules necessitating all exports to Canada and Mexico be claimed using direct-identification methods remain in place.
The rules and regulations that govern duty drawback under TFTEA are continuing to evolve years after its passage. Just a few days ago, a pivotal lawsuit about specific provisions in TFTEA’s drawback rule, National Association of Manufacturers (NAM) vs. The United States resulted in a decision that enshrined the practice of “double drawback,” a specific kind of refund that could be pursued for wine imports and exports, against the proposed regulations Customs had offered.
President Trump and Chinese Vice Premier Liu He have signed the “Phase 1” trade deal today. Recently the President announced the three-phase trade deal with China on October 11, 2019, and Phase 1 was supposed to be written over three weeks.
J.M. Rodgers hit their goal for 2019 of 200 days of charity. We set lofty goals every year for our employees to contribute “days of giving” where they volunteer their time by going to arranged charity events for a variety of causes. For 2020, we have increased our GOAL to 300! increasing to 350 in 2021.
J.M. Rodgers hit their goal for 2019 of 200 days of charity. We set lofty goals every year for our employees to contribute “days of giving” where they volunteer their time by going to arranged charity events for a variety of causes. For 2020, we have increased our GOAL to 300! increasing to 350 in 2021.
For many years, JMR has made giving back a core part of our identity as a company. As a family company at heart, we have dedicated ourselves to meeting goals for charitable giving.
For many years, JMR has made giving back a core part of our identity as a company. As a family company at heart, we have dedicated ourselves to meeting goals for charitable giving.
In 1988 J.M.Rodgers Co., Inc. moved out of One World Trade Center. Now, 31 years later, J.M. Rodgers has returned with a brand new office space located on the 85th floor of the rebuilt World Trade Center complex in Lower Manhattan
Last week, it briefly looked to the world as if the ongoing trade war between the USA and China was coming to an end. On Friday, Chinese Commerce Ministry spokesman Gao Feng said at a press conference that there was a tentative agreement in place for a trade deal between the two feuding countries and that as part of that deal there would be a wide rollback on the mutual tariffs that had been imposed by both countries.
There are a few different ways that imports and exports can be matched for a duty drawback refund, depending on the specifics of each individual company’s supply chain. Today I want to introduce direct Identification drawback- a method where a claimant must trace products all the way from import through exports and cannot simply substitute similar products on a part number or HTS code.
There are a few different ways that imports and exports can be matched for a duty drawback refund, depending on the specifics of each individual company’s supply chain. Today I want to introduce direct Identification drawback- a method where a claimant must trace products all the way from import through exports and cannot simply substitute similar products on a part number or HTS code.
There are a few different ways that imports and exports can be matched for a duty drawback refund, depending on the specifics of each individual company’s supply chain. Today I want to introduce direct Identification drawback- a method where a claimant must trace products all the way from import through exports and cannot simply substitute similar products on a part number or HTS code.
There are a few different ways that imports and exports can be matched for a duty drawback refund, depending on the specifics of each individual company’s supply chain. Today I want to introduce direct Identification drawback- a method where a claimant must trace products all the way from import through exports and cannot simply substitute similar products on a part number or HTS code.
Written by Jamie Rodgers, CEO of J.M. Rodgers Co., Inc. Duty drawback is all about data in duty drawback. For many years now,…