Duty Drawback Services

Duty drawbacks allow exporters to receive 99% of customs duties paid on imported merchandise. For many exporters, duty drawbacks result in substantial savings over the course of a year. The two major types of drawbacks are as follows:

1. Unused /Same Condition Drawback

An unused or same condition drawback is a claim for refund of customs duties paid on imported merchandise which is exported in the same condition as when imported, or destroyed under Customs supervision and not used within the United States before such exportation or destruction. Merchandise must be exported or destroyed and drawback claim submitted within 3 years of the date of importation.

2. Manufacturer's Drawback

A manufacturer's drawback is a claim for refund of customs duties paid on imported material that is consumed, used or appears in a product that is then exported. Manufacture or production in the United States must alter the article in name, character or use. The completed merchandise must be exported within 5 years after importation of the merchandise identified or designated in the claim.

Magic Customs Brokers, Inc. drawback services includes assistance in preparing Duty Drawback Proposals, Accelerated Payment Applications and Exporters Summary Applications as well as electronically preparing, filing and tracking drawback claims.

For more information on our drawback services please contact us at info@magicbrokers.com