Alliance provides a turnkey drawback solution that transfers the administrative burden of the drawback process from our client’s staff to Alliance’s team of drawback professionals. One way is through Duty Drawback services. The drawback program, which is administered by the U.S. Customs and Border Protection (CBP) agency, enables claimants to get a refund of duty paid on imported goods when the finished product is either exported or destroyed. Charter’s duty-drawback experts identify and capture often overlooked supply chain drawback opportunities that are available with suppliers, customers, global trade service providers and others in the supply chain. But if the items aren’t implemented into your original plans, there’s no reason to take the loss of both the initial cost of the items themselves, plus the duty that was charged on top. The legal definition for a duty drawback, as found in section 191.2(i) of the U.S. customs regulations is "the refund or remission, in whole or in part, of a customs duty, fee or internal revenue tax which was imposed on imported merchandise under federal law because of its importation, and the refund of internal revenue taxes paid on domestic alcohol as prescribed in 19 U.S.C. Experts in duty drawback, record keeping, certificates of origin, NAFTA, and classification. Filing your drawback claim, however, is done electronically. Required fields are marked *. Our services include all matters necessary to establish and manage a sophisticated duty-drawback program that will maximize duty, tax, and fee recoveries. Charter Brokerage has filed and recovered more duties, taxes and fees from the U.S. Customs and Border Protection than any other customs broker. Duty drawback is the refund of duties, taxes, and fees paid on imported merchandise that is exported or used in the manufacturing of exported merchandise. That is a lot of money to leave on the table when the U.S. has specifically earmarked it for your business to receive back. We helped draft the new law and participated in the development of the current drawback regulations and its ACE implementation under TFTEA. But the bigger issue is how to go about finding one. More Than 65 Years Experience In Duty Drawback & Customs Brokerage Established in 1952, J.M. Unmatched in expertise, experience and resources, Charter works with legislatures to shape the laws of duty drawback. J.M. Manufacturing Drawback US Customs requires duty drawback claimants involved in many types of manufacturing operations to obtain a unique Customs Duty Drawback Services. All Rights. Mr. Corn has a Bachelor of Science degree from The Ohio State University in Consumer Affairs and is both a Licensed Customs Broker and Certified Customs Specialist. So if you have documentation, you can apply for previously imported and then exported or destroyed items. Another important thing to consider is that drawbacks can be claimed up to 5 years from the date that the goods were originally imported. Drawback refers to the refund of duties paid on imported merchandise when the merchandise is subsequently exported, either in an “unused” state or after undergoing a … As the nation’s leading duty-drawback service provider, Charter assists clients in maximizing drawback in the most compliant and efficient manner. Let’s use a quick comparison to illustrate how much of an advantage your operations could gain from participating in the duty drawback program.’. So you know you’ll get a 99 percent refund on the initial duty payment ($99). Our legal experience, planning skills, high-level expertise and in-depth experience are simply unmatched by any other global trade service provider. One of the few exceptions is on flour or by-products from imported wheat. There are only four drawback center locations in all of America: they are in San Francisco, Houston, Chicago and New York/Newark. For over 25 years, Charter Brokerage has worked with Customs and Border Protection to draft and implement every expansion of the drawback law. Work with a specialist to make importing and exporting to the USA a hassle-free process. Our offices are located in Los Angeles, San Francisco and Houston. It can also include merchandise destroyed under U.S. Customs supervision. But wait a minute — you participate in duty drawbacks and your competitor doesn’t. How We Specialize in Duty Drawbacks. Michael Kerlen is a Vice President of Comstock and Holt. He joined the firm in 1988 and became a Licensed Customs Broker in 1991. But there are some hidden costs that come from implementing a duty drawback program. J.M. Specialized Drawback Software: For duty drawback claim preparation, using an automated drawback software application is the most basic requirement for a drawback service provider. Duty drawback is most commonly claimed by exporters for manufactured goods, unused merchandise and rejected merchandise. If a jet engine is built, reconditioned, repaired or otherwise overhauled in the U.S. using foreign parts, then the duties charged can be recouped. These records will also greatly aid a duty drawback broker like USA Customs Clearance in filing on your behalf and assuring. The base cost of an imported item for you and your competitor is $400. You have the option to hire a broker to explain what happened regarding the drawback and get permission to re-export your item to get the duty back that was originally paid. Charter Brokerage files for more duty drawback and tax recoveries with Customs and Border Protection than all other U.S. service providers. Sometimes materials or products are imported into the country with the full intention of being used. This will save you the headache of having to do paperwork and correctly filing it all on your own, especially if you are unsure of how to proceed. Lowering the price of doing business for exporters promotes more domestic business, which in turn usually strengthens America’s economy. Did you just come to the realization that you’ve been leaving a substantial amount of money on the table by not claiming duty drawback? The system is designed to increase the user’s ability to generate drawback claims with complete accuracy as well as added operational control on your PC. Thankfully, working with a duty drawback broker. 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