Duty Deferral
Posted on February 13, 2013The Benefit of Duty Deferral
| With FTZ#9 | Without FTZ#9 |
|---|---|
| Company “A” imports merchandise with a value of $100,000 into the FTZ#9 and delays or avoids paying the (5%) $5,000 duty until the merchandise leaves the Zone. Increasing their cash flow for business operations. | Company “B” imports merchandise with a value of $100,000 and a duty of 5 percent. Upon importation the company would pay U.S. Customs $5,000 up front. |