As global trade tensions swirl around us, it’s a good time to highlight one of the seldom discussed features of the U.S. trade environment: duty drawbacks. Many of the tariffs charged on imported ...

Discover how drawbacks offer tax rebates for businesses that import and export goods, reducing tax burdens and enhancing profitability for U.S. companies.

As Republicans now look to build on the success of President Trump’s tax cuts with a second reconciliation bill, protecting duty drawback should remain a priority for Congress as it aims to grow our ...

The Federal Board of Revenue has issued a new formula for calculation of duty drawback rates for exporters under the "manufacturing bond scheme" to clear thousands of pending claims at the level of ...

Focused manufacturing involves a decreased complexity in the manufacturing process. A focused manufacturing facility produces one product or a narrow range of products with technology restricted to ...

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 ...

Exporters are facing serious problems in obtaining duty drawback under the "manufacturing bond scheme", pointing towards immediate amendment in the SRO.450 (I)/2001 for removal of a technical anomaly ...

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 ...

Does your company export items that were manufactured from goods that were imported into the U.S? Or has your company simply exported the same items that were previously imported? In either case, your ...