Krypt Blogs | Drawback Claim

Information and Insights on Global Trade and Supply Chain Solutions


Simplified Duty Drawback and New Regulations

What Is Duty Drawback? When goods are imported into the United States through U.S. Customs, duties are imposed. A Duty Drawback is a monetary rebate if these goods are subsequently exported. Importers, exporters, and manufacturers could be eligible for duty drawbacks. Five Main Types of Duty Drawback 1. Direct Identification Manufacturing Drawback: U.S. import duty may be … Continue reading “Simplified Duty Drawback and New Regulations”

By: Team Krypt - June 23rd, 2017