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Demystifying Duty Drawback: A Comprehensive Guide from Eligibility to Accounting Treatment

Certainly! Here’s a detailed guide focused on Duty Drawback, covering its definition, eligibility criteria, application process, accounting treatment, and key considerations: Guide to Duty Drawback 1. What is Duty Drawback? Duty Drawback refers to the refund, reduction, or waiver in whole or in part of customs duties assessed or collected upon the importation of goods […]


Import  and exports—the staples of international trade—may appear like terms that have little bearing on everyday life for the average person, but they can, in fact, exert a thoughtful influence on both the consumer and the economy. In today’s global economy, consumers are used to seeing products and produce from every angle of the world in […]

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