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Trade Compliance
On Demand
March 25, 2021
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Duty Drawback - $7B of Available Duty Refunds: Are You Getting Your Share?

Ned Blinick

Co-Founder, 3rdwave

Dan Gardner

Solutions Consultant, 3rdwave

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March 25, 2021 2:00 PM
ET
Details

Are you eligible for Duty Drawback? Are you taking full advantage to “legitimately” claim back up to 99.9% of your eligible duties, taxes, and fees? Every year there is 5.5 - 7.0 Billion dollars of duties, taxes and fees eligible for drawback. Of that amount, $3.5 - $5.0 Billion goes unclaimed.

Claiming drawback is a labor-intensive activity and limits the participation rates of importers and exporters who are eligible or willing to claim. However, the technology is changing the calculus and making the prep and execution of drawbacks much simpler enabling importers and exporters to capture the available funds.

This webinar focuses on the basics of Duty Drawback and how 3rdwave totally automates the collection and execution of the drawback so that it can be submitted directly to the customs broker for filing.

What you will learn:

  1. The History of Drawback
  2. Types of Duty Drawback
  3. Who is eligible for Drawback
  4. The process of Duty Drawback
  5. 3rdwave - Simplifying the Process, Increasing the Value
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Ned Blinick
Co-Founder, 3rdwave
25+ years Chief Product Officer and a principal in 3rdwave. Passionate advocate of global supply chain management and speaks and writes regularly on the topic. Supply and Demand Chain Executive “Pro to Know”. 25+ years Senior executive positions (including CEO) with one of Canada’s largest BCOs
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Dan Gardner
Solutions Consultant, 3rdwave
Dan has both hands-on experience as V.P. of Logistics for a mid-sized importer and as a senior executive with several large 3PLs. In addition to his professional experience, Dan is a licensed customs broker, a professor of supply chain management, certified in Production & Inventory Management (CPIM), and a Black Belt in Six Sigma. As an author, Dan’s work has been featured in The Journal of Commerce, APICS Magazine, CSCMP Global Perspectives, and Inbound Logistics magazine.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

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