pharmaceutical duty refunds are available on past dutiable importations that
have subsequently and recently become duty-free under the GATT Accord and
periodic WHO negotiated updates as published in the federal register and
subsequently included in the US tariff. A review of your company's importations
and shipping practices will reveal whether refunds of interim pharmaceutical duty,
paid on imported actives and intermediates prior to an update, can be secured.
The review may also indicate whether Foreign Trade Zones, Temporary Duty
Suspensions, and/or Temporary Importations under Bond (among other duty
management programs) are applicable in minimizing your duty costs.
Maximize the recovery of
pharmaceutical duty paid during the
period between WHO
pharmaceutical duty paid on chemicals, intermediates and actives not
approved for inclusion in WHO negotiated updates.
Avoid or reduce duties on importations of components other than
when elimination or recovery is not possible.
Associates has experience in the preparation of Legislation, agreements and
Foreign Trade Zone Subzone applications.
Pharmaceutical Interim Duties
Associates has worked with the U. S. Pharmaceutical Manufacturers
Association, U. S. Customs, and The International Trade Commission in
developing the first Federal Register listings of pharmaceutical actives and intermediates for
international import duty elimination, resulting in millions of dollars in duty
savings each year.
Foreign Trade Zones
have been established for significant reductions or elimination of import
duties for large U.S. firms.
suspensions of U.S. import duties have been obtained for large and small
firms through the introduction and support of legislation and facilitation
of review by the International Trade Commission.
maximization of duty savings are achieved through review and proper
structuring of supply, toll manufacture and joint venture agreements.