Duty drawback refunds most duties on imported goods that are later exported or destroyed. This article explains the process ...

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 ...

While many business leaders prioritize cost control, forecasting, and risk mitigation, they often neglect customs refunds as a source of working capital. Today, global trade strategists and customs ...

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

The audit found widespread control gaps, delayed processing, and weak automation in duty drawback administration. These deficiencies exposed the exchequer to significant revenue ...

CESTAT held that limitation under Rule 15 starts from communication of re-valuation, making the supplementary drawback claim filed within three months ...