How to Find Huge Refunds With Duty Drawback

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August 17, 2022 2:00 PM

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Duty Drawback is a complex and special world that sits at the junction of freight, trade law, and import/export regulations. Did you know that 70% of Drawback refunds remain unclaimed? That’s billions of dollars in excess duties each year in the U.S. alone. This is due to lack of knowledge of the program/process, inadequate records or the cumbersome paperwork. Fortunately, there are easier ways to claim a refund than you might realize.

In this session, we are joined by Tim Vorderstrasse, Head of Drawback at Flexport. Prior to Flexport, Tim was a Drawback expert with Comstock and Theakston. Tim has seen nearly everything when it comes to Drawback—and he’s bringing his expertise to you.

Learn how to navigate the intricacies of the Drawback process with minimal effort, get tips for getting the largest refund possible, and more. Have your questions ready and join us for this interactive session.

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Grant Sernick

Head of Sales & Marketing, 3rdwave

Grant has been instrumental in refocusing 3rdwave into a SaaS-based company focused on servicing the SME market and driving top-line revenue growth. He brings a consultative approach to any engagement, and works with prospects and clients to deliver incredible results. Grant enjoys travel and coaching baseball. He has a Mechanical Engineering degree from Queen's University, and an MBA from the Richard Ivey School of Business.

 Connect on LinkedIn

Tim Vorderstrasse

Head of Drawback, Flexport

Tim Vorderstrasse is Head of Drawback at Flexport. He leads the vision to simplify, automate, and modernize drawback. As a dedicated drawback subject matter expert, Tim has helped to shape the current drawback regulations, delivered tens of millions in drawback recoveries for his clients, and works to promote informed participation in drawback. As a member of the Drawback Trade Support Network, he works directly with Customs on identifying and discussing key drawback-related topics.

 Connect on LinkedIn

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How to Find Huge Refunds With Duty Drawback

Duty Drawback 201: Maximizing Your Drawback Claim While Building a Better Relationship with Your Drawback Broker

Duty Drawback 201: Unused Merchandise Substitution Drawback and the “Other, Other” Problem

Duty Drawback 201: Manufacturing Substitution Drawback and Bills of Material