What they mean and how to pick one. Incoterms® were established by the International Chamber of Commerce (ICC) in 1921 and have become a crucial element in global trade, defining the responsibilities of buyers and sellers in international transactions. In this webinar, we’ll provide a high-level overview of Incoterms®, delve into their complexities, and simplify their application in various trade scenarios. You’ll gain a clear understanding of how to use Incoterms® to allocate risks and costs effectively, ensuring smoother international transactions.
Drawback
Drawback
June 15, 2022/
Opportunities, Requirements & Insights
The new duty-drawback law is the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA), which was enacted on February 24, 2016. These updates to the law provide opportunities in several areas of the U.S. economy and should be carefully reviewed by importers, exporters, & manufacturers. We'll dive in and provide a concise breakdown on determining the eligibility of your goods and maximizing the benefits of drawback.
Resources
Topics Include:
- Understanding drawback and how it applies to manufacturing
- Determining if your business is eligible for drawback benefits
- Applying for drawback and capturing savings
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