What Is Duty Drawback?
Learn the history of duty drawback, what it is, and how it works?
THE DUTY DRAWBACK LAW
First passed by the U.S. Congress in 1789, the duty drawback law found in 19 USC 1313 allows importers to receive refunds on import duties on merchandise that is subsequently exported. Refunds of import duty through the drawback refund program increases U.S. export activity by making our exports more price-competitive.
Products Potentially Eligible For Duty Drawback
Under Section 301 of the Trade Act of 1974, the USTR initiated an investigation to determine whether China’s acts, policies, and practices related to technology transfer, intellectual property, and innovation are unreasonable, unjustifiable, or discriminatory and burden or restrict U.S. commerce. 3 Lists of imports have been release to date.
Prevent Section 301 Profit Slashing With Duty Drawback
Here is an up-to-date briefing on Section 301 tariffs along with the current lists of goods and how duty drawback can be a viable solution.
The Alliance Standard
Why Are We Different Than The Others?
We do drawback every day all day long. We do not offer other brokerage and logistics related services. Drawback requires highly specialized systems, expertise, and business processes that require a full-time commitment. We continually educate our account managers on regulatory requirements of drawback and courage them to secure Customs house brokerage licenses. 50% of our account managers are licensed brokers and Alliance is licensed as a corporate entity.
Drawback programs vary dramatically based on a variety of factors. We specialize in challenging drawback programs with large import and export datasets that we require advanced data manipulation and analytics. Example, one of our large semi truck manufacturers imports thousands of transactions with hundreds of thousands of lines of invoice data. Most import entries are subject to reconciliation and a variety of other post-entry adjustments making the amount of duty paid a moving target. All our account managers possess the advanced systems knowledge needed to work with large complex data sets.
We bring diligence and professionalism at each step of the process but don't take our word for it. Test drive our services by allowing us to conduct a thorough no cost/no obligation assessment of your drawback potential. We will provide you with detailed reporting to support our recommendations for the most effective path forward.
Alliance Drawback Professionals Will
Assess Your Import/Export Program
We are experiencing a high volume of requests due to Section 301. To see if you qualify for our program request a free refund analysis below