About J.M. Rodgers Trading, LLC
TFTEA allows for a number of major changes within duty drawback. The chief modification to duty drawback is the opportunity that we will have to file substitution duty drawback claims by matching the imports to the exports based on the HTS at the 8-digit level. Under the current law, a drawback claimant may file drawback claims under 1313p (petroleum derivatives drawback) where the imports and the exports are matched by the 8-digit HTS number for specific qualifying tariff numbers. The reason that this change, under TFTEA, is so significant is because we will now be able to match import to export by HTS number for all tariff numbers in the tariff book.
Besides matching one drawback claimant’s imports to exports based on the 8-digit HTS number, we may also do this via a third party trading scenario. The basic premise of this trading scenario is built around two companies that do not have a commercial relationship with each other. These two companies have already filed their own duty drawback with their own duty paid imports and exports. One of these companies has an excess of duty paid imports while the other company has an excess of exports to non-NAFTA countries. In our example, the excess imports and exports from these two companies have the same HTS number. In order to claim drawback on these excess imports and exports, an independent trading company (JMR Trading) may build a commercial relationship with each of these two unrelated companies. JMR Trading will then become part of a third party 1313j2 drawback claim on duties that would otherwise be unclaimed. The duty refunds received from this claim would be split between the importer, the exporter and JMR Trading.
JMR Trading is actively working with a number of drawback claimants in preparation of the February 24th, 2018 effective date. Immediately after this date, many of these third party trading drawback claims will be filed on behalf of our own clients as well as other companies who have reached out to us and whom we have contacted specifically for this drawback opportunity. Please contact us now so that you may become part of this substantial opportunity for additional, otherwise unclaimed, duty refunds.
Vice President of Compliance
James A. Roberts, CHB, VP Compliance, C-TPAT Security Officer, Indirect Air Carrier (IAC), Security Coordinator (TSA Regulated) began his career in 1975 working for importers until 1985, at which time he crossed over to the customs brokerage industry and continues to the present.
Mr. Roberts is a graduate of the Academy of Advanced Traffic (a business school specializing in the regulatory aspects of domestic and international logistics.) He became a licensed U.S. Customers Broker in February 1985.
Vice President Business Development
Tina Andrejewski is Vice President of Business Development for JM Rodgers Co., Inc. with responsibility for all new business development for the customs brokerage, freight forwarding and duty drawback services.
Ms. Andrejewski works along side of the industry leaders to stay abreast of the changing laws and regulations. She is a graduate of St. John’s University