Codified long before
the tax laws, drawback programs were intended to
international trade by
allowing the recovery from U.S.
Treasury/Alcohol Tobacco and Firearms, of previously paid duty/tax
assessed upon importation.
Your duty drawback program will provide for a refund
of 99% of the duties paid on imported goods that are 1) unused and subsequently
exported or destroyed or 2) manufactured and subsequently exported or destroyed.
Note that, in many cases, even though a refund claiment may not directly pay the import
duties or directly sell into foreign markets, duty drawback
be recovered and quickly
returned to the bottom line.
knowledge is provided when your duty drawback
program is outsourced to licensed Customs brokers. When Duty Management Associates takes responsibility
for your recoveries the loss of internal employees due to retirement,
promotion or termination is not a problem.
Efficiency and effectiveness
of your program
is provided in order to maximize refunds. Many times the percentage of checks
received to claims filed is low with internal programs. Claims remain unliquidated
for long periods of time. The program may not be proceeding as smoothly as you
would like with claims, procedures and privileges threatened or denied.
Fines and penalties may be assessed. All potential duty drawback
opportunities may not have been approved and under drawback contract.
licensed Customs brokers are involved and willing to prepare the necessary paperwork you
gain leverage with your import export vendors and forwarders in securing the confidential information required for drawback and gain their
cooperation in turning over duty drawback rights.
Associates has recovered millions of dollars for large and small firms in the pharmaceutical, chemical, metals, electronics, apparel,
toy, leather, lighter, shaver and writing instrument industries.
Software used for claims
preparation is readily accepted by U.S. Customs. More than 20 years of
filing experience, within many industries and types of claims.
relationships with U.S. Customs, import export carriers, forwarders and vendors, Alcohol,
Tobacco and Firearms and other Customs brokers.
Filings and Compliance
general and specific, interchangeability determinations, accelerated payment
and other approvals are professionally prepared and readily approved.
Audits have been
conducted of filings prepared by Duty Management Associates and its
personnel, (while in present and former positions), by U.S. Customs and
Alcohol, Tobacco and Firearms. All audits produced excellent results. Duty Management Associates has been called upon to correct the errors of
others uncovered during audit and in other situations.