Project Description
Duty Recovery
Recover what you are owned. Assess your eligibility for duty recovery and turn overpaid Customs duties into business savings
If you’re importing goods into the USA or Canada, you may be paying too much in duties. Our Global Trade Services (GTS) team can help determine if you’re entitled to a refund on paid import duties and recover that money for you. After all, who wouldn’t want to recover what they are owed, and turn their hard-earned dollars into savings or even reinvest them in the business?
What is Duty Recovery?
Did you know that by overpaying duties by just 1% for a full year, your company could have missed out on a million dollars’ worth of investment opportunities? Duty recovery and overall cost-saving opportunities can be identified and achieved through a variety of methods by our Global Trade Services team. We conduct an in-depth forensic review of your trade activities and supply chain establishments, which cover, but are not limited to:
- Tariff Classification and Rulings
- Origin of Goods and Free Trade Agreements
- Valuation of Goods
- Duty Drawbacks and Remission
You could be missing out on duty recovery and cost saving opportunities with your trade activities. In this video, GHY Executive VP Bob Cowie, details elements of cost saving opportunities and duty recovery you need to consider, how we’ve helped our clients, and how we can help you!
Here from GHY International:
In 2021, we recovered
for our customers in overpaid duties!
How GHY Can Help
Our experts take a clear-cut, no frills approach to help you claim back overpaid import duties. No matter what business you’re in, we recognize that every imported shipment potentially creates a duty recovery opportunity.
There’s nothing to lose and a lot to gain. We offer a thorough Duty Recovery assessment on a complimentary basis and only get paid if you’re eligible for a refund.
Pay a Fair Recovery Fee
If you qualify for a duty recovery, we’ll charge you a fee of that is fair on the amount recovered..
How it Works
1.
Fill out our Firm Report Application below to initiate the process and delegate GHY to perform your Duty Recovery assessment.
2.
We’ll run a thorough review of your import transactions and duty payments covering the past 4 years.
3.
You’ll receive a report stating if you have any duties available for recovery.
4.
We’ll file all necessary refund claim documents on your behalf and recover the amount you’re entitled to!
Why GHY?
Over 3 billion dollars of duties are unclaimed each year in the USA and Canada. We’re here to ensure you’re not part of that statistic. Our Global Trade Services (GTS) team is always looking for ways to ensure you’re not overpaying on duties and help you maximize business returns. Our extensive experience, combined with our knowledge of customs and tariff regulations, means we can identify areas where you may qualify to recover overpaid custom duties.
Do You Qualify for Duty Recovery?
Fill out the below FIRM Report Application to gain insight into your import activities and potential duty recovery opportunities, and/or book a quick meeting below, to chat with us!
*Please note that Canada Border Services Agency (CBSA) fees may apply.
Book a Meeting
Let’s chat about your duty recovery needs. Please provide us with your details. We will send you an email to book a 15 minute meeting upon completion.
