The new regulations regarding TFTEA drawback are finally here! This highly anticipated “drawback modernization” is opening up new opportunities but also requiring significant changes for drawback filers. During this one-hour webinar, our experts will discuss the key elements that are changing, new requirements for claimants, and answer the questions you may have.
During this in-person seminar, Comstock and Holt drawback experts will outline for participants the significant changes TFTEA is requiring for each type of drawback. We will discuss the new regulations in depth and help you identify your best options to maximize returns using the new law.
During this workshop, Comstock and Holt instructors will provide a comprehensive introduction to duty drawback. Manufacturing, unused merchandise, rejected merchandise, and NAFTA drawback will be covered. We will teach you how to determine which types of drawback are right for you, how to calculate duty drawback potential, how to establish your program with CBP, and what is required to prepare and file claims. During the course, you will try your hand at calculating basis of claim, adjusting drawback when dealing with multiple products, and properly using CBP’s approved accounting methods. This class is for the drawback novice as well as those who are struggling through their first years administering or coordinating a drawback program.
This webinar is a high level overview of the basics of drawback provisions with a discussion of current and relevant industry topics. The class will cover the impact of COVID, USMCA, drawback substitution considerations, 301 tariffs, reconciliations, and more.