3 Types of Duty Drawback
If you import and export, you could be sitting on a big pile of unclaimed cash and it’s YOURS to take.
1. Unused Merchandise Drawback
2. Manufacturing Drawback
3. Rejected Merchandise Drawback
If you import and export, you could be sitting on a big pile of unclaimed cash and it’s YOURS to take.
If you import and export, you could be sitting on a big pile of unclaimed cash and it’s YOURS to take.
This is the most common type of duty drawback. It applies when imported goods are exported without being used or significantly changed in the country of import.
Example:
You import electronics to test the market. The items remain unused and are later exported to another country. You can claim a refund on the duties originally paid at import.
This is the most common type of duty drawback. It applies when imported goods are exported without being used or significantly changed in the country of import.
Example:
You import electronics to test the market. The items remain unused and are later exported to another country. You can claim a refund on the duties originally paid at import.
This applies when imported materials are used to manufacture or produce goods in the country of import, and those finished goods are then exported.
Example:
You import fabric, manufacture garments in the country of import and ship them internationally. You can recover duties paid on the imported fabric.
This applies when imported materials are used to manufacture or produce goods in the country of import, and those finished goods are then exported.
Example:
You import fabric, manufacture garments in the country of import and ship them internationally. You can recover duties paid on the imported fabric.
This covers goods that are returned, defective, or shipped without consent, and are later exported or destroyed.
Example:
You receive a shipment of products that don't meet your order specs. You export them back to the supplier. You're eligible for a full duty refund.
This covers goods that are returned, defective, or shipped without consent, and are later exported or destroyed.
Example:
You receive a shipment of products that don't meet your order specs. You export them back to the supplier. You're eligible for a full duty refund.