Trade Compliance

A Shipper's Guide to Duty Drawback - Greater Savings in Half the Time

Download Now

Every year, $3-5 billion of duties, taxes, and fees eligible for duty drawback go unclaimed. This unclaimed amount has doubled in the past three years due to the imposition of the Section 301 Tariffs (China).

Before the 301 duties were imposed in 2018, the argument for drawback was less compelling given the complexity and labor-intensive nature of the claim. But new technology radically simplifies the way duty drawback claims are prepared for filing with a drawback broker, and lowers the work effort and cost to the filer.

Post-2018 the calculus for importers and exporters has changed dramatically; thus, duty drawback is a great way to legally reclaim potentially significant import duty-related costs.

In this ebook, we present why importers and exporters should seriously explore whether duty drawback is feasible, and if the potential recovery warrants their efforts. We will cover:

  • What is the value of duty drawback to your organization?
  • Is your company eligible for duty drawback?
  • Is the duty drawback process difficult?
  • What does it take to file a duty drawback claim?
  • How the 3rdwave Duty Drawback solution makes drawback accessible
Complete the form to download
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Share This:
Related Webinars
Trade Compliance

Duty Drawback 201: An Advanced Drawback Discussion with Flexport

Join us for an in-depth discussion on the intricacies of duty drawback with Tim Vorderstrasse, Head of Drawback at Flexport.
On Demand
September 30, 2021
Trade Compliance

Duty Drawback with 3rdwave - Slash Fees, Increase Claim Amounts, & Reduce Work

Duty Drawback automation is changing the landscape so that a company can automatically prepare the drawback file, validate the information, and submit it to the broker at lower cost and greater value.
On Demand
July 15, 2021
Trade Compliance

How to Increase Your Drawback Claims With 3rdwave’s Duty Drawback Tool

Join us as we take you behind the curtain, and show you how the new 3rdwave Duty Drawback tool can change your life!
On Demand
June 17, 2021