Duty Drawback
Duty Drawback is a money-saving program that helps companies get back taxes and duties they paid on imported materials, if those materials were later used in products that got exported. Think of it like a tax refund for international trade. Companies hire experts in this field because they can help save significant amounts of money by properly tracking these import-export transactions and filing the correct paperwork with customs authorities. It's a complex process that requires understanding of customs regulations, international trade rules, and detailed documentation skills.
Examples in Resumes
Recovered $2.5M in Duty Drawback claims for manufacturing clients
Led Duty Drawback program implementation saving company $800K annually
Managed Drawback claims process for fortune 500 retail client
Typical job title: "Duty Drawback Specialists"
Also try searching for:
Where to Find Duty Drawback Specialists
Professional Organizations
Online Resources
Example Interview Questions
Senior Level Questions
Q: How would you set up a duty drawback program for a company that's never had one before?
Expected Answer: Should explain the process of analyzing import/export data, setting up tracking systems, training staff, and coordinating with customs brokers. Should mention risk assessment and compliance requirements.
Q: What strategies have you used to maximize duty recovery while ensuring compliance?
Expected Answer: Should discuss methods for identifying eligible transactions, documentation systems, and working with various departments to gather necessary information. Should mention experience with audits and regulatory requirements.
Mid Level Questions
Q: Explain the different types of duty drawback claims you've handled.
Expected Answer: Should be able to explain manufacturing drawback, unused merchandise drawback, and substitution drawback in simple terms with practical examples.
Q: How do you ensure accuracy in drawback calculations?
Expected Answer: Should discuss verification processes, documentation requirements, and methods for tracking imported materials through the manufacturing process.
Junior Level Questions
Q: What documentation is needed for a basic duty drawback claim?
Expected Answer: Should list essential documents like customs entries, proof of export, manufacturing records, and be able to explain their importance.
Q: What's the basic timeline for processing a duty drawback claim?
Expected Answer: Should understand standard processing times, filing deadlines, and basic steps in the claim process.
Experience Level Indicators
Junior (0-2 years)
- Basic understanding of customs documentation
- Knowledge of import/export processes
- Familiarity with trade compliance basics
- Data entry and record keeping
Mid (2-5 years)
- Processing drawback claims independently
- Understanding of customs regulations
- Experience with trade software
- Coordination with customs brokers
Senior (5+ years)
- Program implementation and management
- Team leadership and training
- Audit management
- Strategic planning for duty recovery
Red Flags to Watch For
- No knowledge of basic customs regulations
- Lack of attention to detail in documentation
- No experience with trade compliance software
- Poor understanding of import/export processes
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