Did you know that over $3 billion in drawback duties and taxes go unclaimed each year in Canada and the U.S.? Don’t be part of that statistic! Our comprehensive drawback service examines all import and export shipments for the maximum allowable drawback recovery. Every claim is prepared with the attention to detail and personal care that you deserve.
What are Duty Drawbacks?
If you export a product that has been previously imported, you may be entitled to receive a refund of the duty (and in some cases taxes and fees) paid when the product was originally imported – this refund is called a Duty Drawback. However, for various reasons many of these potential drawbacks are overlooked and go unclaimed.
Establishing a Long-Term Duty Drawback Strategy
With trade becoming more globalized, and much manufacturing done offshore or incorporating raw materials and components sourced from outside the country, companies are increasingly paying more import duties, whether they realize it or not. Through a comprehensive review of your transactions and supporting records, we can help you develop a complete drawback program that includes staff education, future planning, and the establishment of internal procedures to ensure ongoing filing efficiency.