Filing for duty drawback with U.S. Customs and Border Protection (CBP) remains one of the most complex and time-consuming processes for American shippers, but it has become easier during the past year ...

With the global trade landscape in flux, exporters must contend with changing tariffs, complex trade agreements, and uncertain supply chains. Fortunately, amid this turmoil, there’s a largely untapped ...

The tribunal examined whether duty drawback should be taxed on accrual or actual receipt. It held that as per law, duty drawback is taxable only in the year of receipt, and additions based on accrual ...

Americans are not in a good mood this month after cutting big checks to the IRS, thanks to a complicated and unfair tax code. There is a feeling that large corporations and rich individuals know how ...

Flexport recently spotlighted how technology can help unlock larger duty drawback refunds, urging companies to rethink how they manage claims. In a recent webinar, Tim Vorderstrasse, Flexport’s head ...

The duty drawback on gold jewellery exports has been slashed from Rs 704.10 per gram to Rs 335.50 per gram, while the rate for silver jewellery and products has been reduced from Rs 8,949 per kilogram ...

The government has cut the gold duty drawback rate on August 23, almost a month after revising import duty. The rate for silver jewellery and other silver items has been cut from ₹8,949 per kilogram ( ...