Know what to expect before your surety asks for it. Join Michael D. Easton, president of Star USA, and Travis Smith, President of Trade Risk Guaranty, as they explore how customs bond requirements are changing, driven by tariffs, enforcement shifts, and…
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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