KPMG's blockchain solution for duty drawback helps manufacturers, importers, and exporters: identify drawback opportunities; expediently file drawback claims; potentially reduce claim errors; create an audit trail; and maximize drawback refunds.
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Duty drawback is one of the most complex areas of global trade. A U.S. Customs and Border program, duty drawback is refunds of certain duties, taxes, and fees collected on imported materials that are either exported in an unused state, destroyed under CBP supervision, or further processed in the U.S. and later exported to foreign markets.
KPMG's blockchain solution for duty drawback helps manufacturers, importers, and exporters: identify drawback opportunities; expediently file drawback claims; potentially reduce claim errors; create an audit trail; and maximize drawback refunds.
KPMG's blockchain solution for duty drawback helps manufacturers, importers, and exporters: identify drawback opportunities; expediently file drawback claims; potentially reduce claim errors; create an audit trail; and maximize drawback refunds.