Drawback ?
Many companies that import and export a wide variety of products are not aware of the advantages of the drawback of custom duty paid on imported material upon its exportation after processing or reshipment.
The law of drawback is as old as the American legal system. It was first enacted as part of the Tariff Act of 1789, which was the second law passed by the First Congress of the United States. Its aim is to stimulate foreign commerce while aiding American Industry by reducing the cost of imported materials by the amount of the duty paid.
The only way a company can be certain to maximize Drawback Recovery is to hire a professional Drawback Consultant. It is possible for a company to recover some of the money it is entitled to by processing their own claims. It is also very likely that they will miss more than half of the potential recovery due to a lack of expertise.
Proper procedures require sophisticated software applications to recover records from existing computerized data in your system. C & F Drawback Consultants can advise your company how to assemble the data required by U.S. Customs so that we can present it in a format acceptable to the governmet.
C & F Drawback Consultants, Inc.