What is drawback?
Historically the word drawback
has denoted a situation in which a duty or tax that has been
lawfully collected is refunded or remitted, wholly or partially,
because of a particular use made of the commodity on which the
duty or tax was collected.
Drawback was initially authorized
by the first tariff act of the United States in 1789. Since
then it has been part of the law, although from time to time
the conditions under which it is payable have changed.
The rationale for drawback has always been
to encourage American commerce or manufacturing, or both. It
permits American businesses to compete in foreign markets without
the handicap of including in its costs, and consequently in
its sales price, the duty paid on imported merchandise.
The above definition
The Law Offices of George R. Tuttle
visit their site to learn more about their services.
Global Drawback: Global Drawback
is a company specializing in U.S Customs Duty Refunds, called Drawback.
Drawback is a refund of the duties paid on imported merchandise/materials,
which are then exported. They handle all types of Drawback, from items that
are unused and re-exported to materials manufactured and then exported.
Generally refunds are received 30 days after Customs receives your submission.
With over fifty years of cumulative experience, Global Drawback can ease
your Duty Drawback process. Global Drawback is contracted by many fortune
500 companies. Further more they only get paid on a contingency basis, this
eliminates overhead and other various costs. They specialize in the apparel
and footwear industries, so they are already familiar with your needs. If
your company is in the apparel industry, and your looking to generate more
revenue with out all the head-aces, please feel free to call Global Drawback.
They will be more than happy to help you out. Address: 50 Main St. North
Reading Massachusetts 01864 United States Phone: 978-276-1999 Fax: 978-276-5666
Email: [email protected] Contact: Edward DeSousa- President, CEO
Koot & Associates:
US Drawback - Koot & Associates is a premier provider of duty
drawback and import compliance solutions. CBP issued its 2007 textiles findings
and concluded that textile importers are not reporting quantity, country
of origin, classification and manufacturer correctly on the import entries.
Textiles will continue to be a 2008 priority trade issue for CBP.
Koot & Associates offers better, cost
effective import and drawback solutions in the face of growing competition
for your duty drawback program.
is to enable importers and drawback claimants to become CBP compliant,
is accomplished by implementing a systems approach to data management, by
maximizing the drawback recovery, and by delivering better client service
than our competitors.
They recognize that import data
management is critical to the drawback process. Any
data inconsistencies in value, classification, or quantity can affect the
duty amounts due CBP, the duties eligible for drawback or present a possible
penalty situation. In performing drawback
services, they can audit your present import systems
for compliance in the areas of classification, value and quantity - allowing
you to use your internal resources to address country of origin, admissibility
and recordkeeping issues. With the ever growing emphasis on compliance,
shouldn't you seek the service of drawback professionals emphasizing compliance
and systems management?
Learn about Duty Drawback from the
U.S Customs and Border Protection office at
Learn more about duty drawback at the
Fed Ex site at