CBP has started issuing IEEPA tariff refunds, but FedEx and UPS credits still depend on Importer of Record status, carrier timing, and accounting support.
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FedEx and UPS are moving IEEPA tariff refunds through CAPE, but small importers still need to confirm importer-of-record status, refund timing, and accounting support.
A tariff refund may be smaller than the original shipping invoice. Learn how to separate IEEPA duties from fees, freight, brokerage, and other nonrefundable charges.
The business that paid tariff costs may not be the party that receives the refund first. Understand the role of Importer of Record, payor, broker, and customer records.
If a CAPE declaration rejects entries or a refund is delayed, small importers should check filing authority, liquidation status, ACH enrollment, offsets, and accounting records before counting the cash.
Small importers should model IEEPA tariff refunds carefully. Learn how to plan cash flow around CAPE timing, offsets, tax impact, and uncertain refund dates.
Use this CAPE Phase 1 checklist to organize ACE access, ACH refunds, entry records, broker coordination, and accounting records before pursuing IEEPA refunds.
The IEEPA refund process does not mean every tariff, fee, or import cost comes back. Small importers need to separate refundable IEEPA duties from other costs.