Work out duty drawback amount instantly with clear inputs, formula shown and shareable results.
Duty drawback refunds import duty embedded in exported goods, computed at a notified rate on shipment value but capped both per unit of value and by the duty actually suffered. Identifying the binding constraint shows where the claim is being limited.
Duty drawback
Drawback = min(FOB × rate, value cap, duty actually paid)
Figures are estimates based on the inputs given. Bank charges, regulatory minima and market rates change and differ between institutions and jurisdictions. This is not financial advice — confirm with your bank or treasury policy.
Because drawback is a refund, not a subsidy. It cannot exceed the duty actually borne on inputs.
Usually not on the same duty element — claiming both would be a double recovery.