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 ...

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 ...

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 ...

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 ...

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 ...

Opinions expressed by Digital Journal contributors are their own. While many business leaders prioritize cost control, forecasting, and risk mitigation, they often neglect customs refunds as a source ...

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 ...

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 ...

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 has cut the gold duty drawback rate on August 23, almost a month after revising import duty. The rate for silver jewellery and other silver items has been cut from ₹8,949 per kilogram ( ...