You got it in, now what? Your responsibilities aren’t over just because you got your goods across the border. Join us as we talk about the next steps you need to take to make sure you’re in compliance and ready…
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
Related Posts
EAR, ECCN & Licensing
Complying with export regulations! Get some practical understanding of the Export Administration Regulations (EAR), the Commerce Control List (CCL), and Export Control Classification Numbers (ECCN). We discussed interpreting the EAR, navigating the CCL, and determining ECCN and License Requirements. Topics Include: Export Controls Dual-use Items Deemed Exports EAR vs. ITAR Export Licensing Resources Star USA…
Value
Getting it right! Proper valuation is necessary to correctly calculate Customs duties, taxes, and fees. Star USA discusses different value calculation methods, related-party transactions, and how to document your work so that you’re prepared for any questions that might arise. Topics Include: What valuation method to apply Common challenges How discounts, royalties, and other costs…
USMCA
Finding opportunities in compliance! How well do you know the USMCA? We talk about navigating the intricacies of qualifying your products under the USMCA and how to make the most of its opportunities while avoiding common mistakes. Topics Include: Rules of origin Duty preference Dispute resolution Resources USMCA Slides
US Commercial Service
Learning about your resources! Do you know what the US Commercial Service has to offer you? Watch along as we talk with a representative from USCS and learn about their mission, goals, and services they provide. Topics Include: Trade expertise Potential partners Market research Resources US Commercial Service Slides