The Importance of Accurate Record Keeping in Import/Export
While accurate record keeping might seem an obvious goal for companies with an international supply chain, it remains astonishing how many millions of…
While accurate record keeping might seem an obvious goal for companies with an international supply chain, it remains astonishing how many millions of…
We Collect the Drawback Data…You Get the Refund! Each week I have been writing to you to give you updates about the changes…
by David Verkaik, VP Drawback Development | August 23, 2018 On March 8, 2018, President Trump imposed additional tariffs on imports of Steel…
The Trade Facilitation and Enforcement Act (TFTEA) went into effect earlier this year and has been a boon to any company that imports…
by David Verkaik, VP Drawback Development Customs and Trade Automated Interface Requirements, Drawback/TFTEA Drawback Entry Summary September 2017 On September 29th, 2017, the…
In accordance with the legislative mandate, CBP will initiate the deployment of the Automated Commercial Environment (ACE), for both ACE Core Drawback and…
by James Roberts, VP of Compliance, J.M.Rodgers Co., Inc. You should note the CENTERS OF EXCELLENCE AND EXPERTISE (CEE) are now a permanent…
by David Verkaik, VP of Drawback Development The following is a Customs notice that was distributed to the trade on December 5th, 2012…
Duty drawback modernization under TFTEA permanently changed substitution rules, timing requirements, and record retention obligations. Here is what importers must understand today.
Petroleum duty drawback under 19 U.S.C. §1313(p) allows importers to recover duties on certain petroleum, petrochemical, and chemical products when merchandise with the same 8-digit HTS classification is exported within 180 days of import. This technical overview explains eligibility requirements, qualifying tariff provisions, and key compliance considerations for petroleum drawback claims.