What does claiming overpaid duties mean?
Customs duties are taxes you pay on imported goods, but sometimes you might pay more than you owe. This can happen due to errors in classification, valuation, or applying the wrong duty rate. Claiming overpaid duties means getting a refund for the extra amount you paid.
Why does this matter?
Overpaying duties can eat into your profits or make your imports more expensive than necessary. Many businesses and individuals don’t realize they’re eligible for refunds, leaving money on the table. Claiming overpaid duties can save you significant amounts and improve your bottom line.
