Importer as drawback claimant.
In this Direct Trading Model the importer assumes liability as the drawback claimant.
The importer works directly with the exporter to create a commercial transactions, while Trio Logistics remains as a firewall to protect sensitive data and file the drawback claim.
The importer can reach back 5 years into their duty paid imports
Pros:
- Highest amount of potential recovery using historical duty paid imports
- Higher % of shared claim refunds between the importer and exporter
- Trio Logistics still protects confidential importer and export data
Cons:
- Importer assumes liability
- Reluctance to work directly with a competitor