The U.S. Supreme Court’s recent decision to strike down certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA) has created an opportunity for many small businesses to seek refunds. However, navigating the refund process can be complex. For a detailed guide on how to access tariff refunds, visit the U.S. Chamber’s Guide on Tariff Refunds, here.
Here is a short summary of what is featured in the full guide:
On April 20, U.S. Customs and Border Patrol launched phase one of the tariff refund process. The new portal will refund duties to importers through CBP’s Automated Commercial Environment (ACE) system, which is well known to importers. CBP is calling this new ACE functionality the Consolidated Administration and Processing of Entries (CAPE) system.
More details about the refund process on the IEEPA Duty…
