How to Claim Duty Drawback
U.S. Customs says $5 billion in refunds go unclaimed each year. If you import goods that are later exported, some of that money could be yours.
This webinar is geared toward businesses that operate in the global marketplace and want to improve their bottom line. We will discuss duty drawback, a law going back to 1789 that allows for the recovery of import duties paid on merchandise that is imported and subsequently exported. U.S. Customs and Border Protection (CBP) administers the law and estimates that more than $5 billion goes unclaimed each year. Join us to find out how you stack up and if a portion of that $5 billion is yours.
The two experts joining us for this one-hour webinar are: Jay Charkow, President of International Tariff Management and licensed customs broker, and Jill LaMadeleine, Vice President at International Tariff Management and licensed customs broker. Jay is well versed in the intricacies of the drawback regulations, foreign trade agreements and the Harmonized Tariff Schedule of the United States. He has lectured on tariff management topics at NCITD conferences, PMA conferences and numerous individual corporate meetings. He is an active member of the AAEL and NCBFFA duty drawback committees. Jill joined ITM in 1994 and has worked with many companies across numerous industries in managing hundreds of assignments involving duty drawback, classification analysis and USMCA certification.
What you will learn
- What is duty drawback.
- Different types of duty drawback.
- How to determine if you have a viable program.
- What support data is required to file duty drawback.
Who Should Attend
- Anyone responsible for import or export operations.
- Trade compliance specialists.
- International/global logistics personnel.
- Directors of global distribution.
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