Lawrence Tobia

Lawrence Tobia
For more than 25 years, Larry has been working with the U.S. trade community designing, implementing and managing Customs duty and fee recovery programs. He's worked for companies in every industry, including automotive, chemical, retail, and pharmaceutical. Nearly half of that time was spent as the Vice President of a prominent drawback specialist and customhouse brokerage firm in New York City. Since 1999, Larry has been Principal for Drawback Services at Tradewin.

Recent Posts

Holy Cow, the Drawback Program Is Actually (and Finally) Changing

060216-holycow.jpg

On February 24, 2016, the president signed into law the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA). Among its key provisions is the very long awaited liberalization of the U.S. Drawback program. Although its official enactment will occur on Feb. 24, 2018 and the regulations governing the new program have yet to be written, summarized below are its key provisions along with commentary by yours truly:

Read More

Topics: Duty Drawback

Yes, Virginia, Duty Drawback Really Does Work

021116-topquote

The “encouragements” that Adam Smith refers to are none other than Duty Drawback. In the United States, drawback has been a fixed part of trade policy since 1789 when the Founding Fathers understood that a thriving domestic economy required robust international trade. 

By allowing exporters of products to draw back duty imposed upon its initial importation, it puts those exporters on an equal footing with their overseas competitors. 

Simply put, better-priced products sell, well, better.

Read More

Topics: Duty Drawback, Export Consulting, North America

We Don't Only Brew up Refunds in Drawback...

Read More

Topics: Duty Drawback, About us

Duty Drawback: Looking Beyond the Obvious


Savings-SignThe US government offers businesses the opportunity to recoup the duties they pay on imported goods that are taxed, subsequently exported, and taxed again. An astonishing estimate of $2.5 billion of those monies is unclaimed by businesses eligible for duty drawback.

The basics of a drawback program may appear straightforward, but the complexities of drawback reveal the true potential for significant duty recovery. It is worth taking the time to look when the payback has so much potential.

Read More

Topics: Duty Drawback