Course presenter Anthony Nogueras, Founder and CEO of Alliance Drawback Services, will provide specific discussions on: Overview of the New Law and HTS Level Substitution; Determining Program Viability; Establishing a Drawback Program; Maximizing Recovery with Multiple Party Drawback; Drawback Transition from ACS to ACE; Use of Automation in the Drawback Process and Drawback Record Retention under New Law.Sign up for our next webinar, subscribe to our Newsletter!
Article by Anthony Nogueras, Founder and CEO of Alliance Drawback Services, "END OF 10 YEAR LEGISLATIVE BATTLE - DUTY DRAWBACK PROGRAM SIMPLIFIED". The recently passed H.R. 644 - Trade Reconciliation and Trade Enforcement Act of 2016, contained a landmark provision designed to liberalize the duty drawback refund program for drawback claimants as well as reduce the administrative burden to Customs and Border Protection (CBP) officials responsible for overseeing the program. Each year hundreds of millions in potential drawback refunds that could fuel additional economic expansion remains unclaimed due to an overly complex and burdensome refund process, The Administration’s Press Secretary issued a statement on February 11th indicating that the President intends to sign the bipartisan measure. Originally enacted by the first United States Congress in 1789, the current drawback in its amended form provides for a refund of regular duties, taxes and fees on imported merchandise subsequently exported from the United States either in the same form or following a manufacture process. Read the entire Article