Duty Drawback for Small Businesses
Duty Drawback for Small Businesses
Duty drawback can return up to 99% of certain duties, taxes, and fees paid on imported merchandise that is later exported or destroyed. The problem? Traditional drawback programs are often designed for large importers, with many providers requiring potential recoveries of $250,000 or more before they will even consider taking on a client.
Mercantile Logistics & International Trade, Inc. does things differently.
Our drawback services are designed with small and growing businesses in mind. We generally consider drawback opportunities starting at just $10,000 in potential recovery—a significantly lower threshold than many traditional drawback providers. This allows smaller importers and exporters to access a valuable customs program that may otherwise be impractical for them to pursue.
We help determine eligibility, identify qualifying import, export, and destruction transactions, establish the appropriate drawback methodology, obtain necessary waivers when applicable, organize supporting documentation, and prepare and transmit claims to U.S. Customs and Border Protection.
And you don't need a dedicated compliance department or an expensive drawback system. We work with the records your business already maintains and help you build the documentation and procedures needed to support your claims going forward.
Does Customs owe you money? Let's find out.