How Foreign Trade Zones and Duty Drawback Work Together
Many importers assume that if they utilize a Foreign Trade Zone (FTZ), duty drawback becomes unnecessary. In reality, both programs can effectively complement…
Many importers assume that if they utilize a Foreign Trade Zone (FTZ), duty drawback becomes unnecessary. In reality, both programs can effectively complement…
Last week, due to their court-imposed deadline, CBP released the final Duty Drawback Regulations (Modernized Drawback). These regulations institute the new processes for…
Across the country, thousands of importers are dealing with the cost impact that new “section 301” tariffs have brought to their bottom line….
The Trade Act of 1974 promotes the development of an open, nondiscriminatory, and fair world economic system to stimulate fair and free competition…
If you work at a business that is contemplating or currently involved in the import of goods to the United States, then you…
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…
by James Rodgers, CEO | August 22, 2018 The Trade Facilitation and Enforcement Act (TFTEA) went into effect earlier this year and has…
by David Verkaik, VP Drawback Development Customs and Trade Automated Interface Requirements, Drawback/TFTEA Drawback Entry Summary September 2017 On September 29th, 2017, the…