“Before working with Green, duty drawback was not something we could realistically pursue. Their team made the process manageable and dependable, and the results speak for themselves. We now have a program we trust and can continue to build.“
TESTIMONIAL | GLOBAL AUTOMOTIVE PARTS DISTRIBUTOR
WHY DO SECTION 301 DUTIES CREATE UNIQUE EXPOSURE FOR AUTOMOTIVE COMPONENT DISTRIBUTORS?
WHAT PREVENTS DISTRIBUTORS FROM PURSUING DUTY DRAWBACK IN PRACTICE?
In many distributor environments, duty drawback is not avoided because it is ineligible. It is avoided because it appears unworkable. Imports and exports are frequently spread across multiple brokers and freight forwarders, each operating with different data formats and documentation standards. Export records may exist, but not at the level of detail required to support substitution claims. Over time, that fragmentation turns potential recovery into sunk cost, even when qualifying exports are occurring every day.
HOW DID GREEN WORLDWIDE SHIPPING® STRUCTURE A COMPLIANT DUTY DRAWBACK PROGRAM FOR THIS AUTOMOTIVE PARTS DISTRIBUTOR?
Import and export records were standardized and mapped to qualifying merchandise at the classification level to support accurate drawback claim construction. Approved drawback privileges enabled accelerated refunds and retroactive claims within the five year statutory window under established CBP procedures. Substitution unused merchandise drawback claims were then filed using reconciled import and export data to recover eligible Section 301 duties while supporting the client’s objective to avoid disrupting established import and export workflows.
WHAT SHOULD AUTOMOTIVE DISTRIBUTORS EVALUATE BEFORE PURSUING DUTY DRAWBACK?
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BOTTOM LINE, WE SPEAK FREIGHT. ISN’T IT TIME TO MOVE FREIGHT FORWARD?
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WHAT IS DUTY DRAWBACK?
Drawback is eligible on imported merchandise that was subsequently exported, either as the same merchandise or the same kind & quality using the substitution matching method. Companies can apply for a refund of up to 99% of Customs duties & taxes for exported or destroyed goods when eligible under duty drawback.
CLICK TO LEARN MORE: DUTY DRAWBACK BENEFITS
