Drawback is a refund of duties paid on imported materials which are either re-exported or used in the manufacture of export shipments. To issue a refund, Customs requires proof of export, which is often in the form of original bills of lading.
“This is a major issue,” said Edwin Van Ek, president of New Jersey-based drawback firm C.J. Holt & Co., and head of the American Association of Exporters and Importers’ drawback committee. “These documents are nearly impossible to obtain.”
On June 13-14, 11 drawback specialists from AAEI, the National Customs Brokers and Forwarders Association of America, and the American Petroleum Institute will hold a proof of export task force meeting with Customs in Washington to discuss documentation and the possibility of using data in the agency’s Automated Export System for proof of export.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now