Understanding Duty Management and Reduction Programs

Duty management and reduction programs involve strategies and programs designed to minimize the duty liabilities associated with importing goods into the United States. These programs can include leveraging free trade agreements, special duty reduction programs, and ensuring proper procedures for the return of American goods.

Importance of Duty Management

1. Cost Savings: Utilizing duty reduction programs can lead to substantial cost savings on imported goods.
2. Compliance: Proper management of duties ensures compliance with U.S. Customs regulations, avoiding penalties and fines.
3. Operational Efficiency: Effective duty management streamlines the import process, reducing delays and improving supply chain efficiency.

Our Duty Management and Reduction Programs Services

1. Duty Reduction Programs:

• Expertise in leveraging various duty reduction programs such as NAFTA, GSP, KORUS, US-Israel, MTB, and others to minimize duty payments on eligible imports.

2. American Goods Returned:

• Assistance with the proper procedures and documentation required to claim duty-free status for American goods returned to the United States, ensuring compliance with regulations and reducing duty liabilities.

3. Surety Bonds:

• Guidance on securing and managing surety bonds required for various customs activities, ensuring your import operations are compliant and financially protected.

Contact Us

For legal assistance with duty management and reduction programs, contact our lawyers today. Our firm has successfully assisted numerous clients in managing their duty obligations and reducing their import costs through effective use of duty reduction programs.  We are here to help you navigate the complexities of the U.S. Customs regulations and optimize your duty obligations.