calculator
Refund calculator
Net to you
$214,000
- Interest rate applied (% per year)From the rules table; CBP uses the IRS overpayment rate for each quarter.
- 6
- Estimated statutory interestEstimated as simple interest from the deposit date to reliquidation; CBP's rate follows 26 U.S.C. 6621 and 6622, which compound daily, so the actual interest is slightly higher (19 CFR 24.36, 24.3a).
- $17,500
- Gross refund (duties + interest)
- $267,500
- Firm fee at your rate
- $53,500
Assumptions
- Interest runs from the deposit date to the date of reliquidation at the overpayment rate CBP publishes each quarter: 7% for non-corporations and 6% for corporations in Q3 and Q4 2026 (CBP notice, 91 FR 60141). The rate follows 26 U.S.C. 6621 and 6622, which compound daily; this calculator uses simple interest, so it slightly under-estimates. — source (2026-10-08)
- Only entries with IEEPA duties (Chapter 99 headings 9903.01.xx / 9903.02.xx) qualify; Section 232 and 301 duties are not refunded. This estimate does not check eligibility — use the eligibility checker. — source (2026-10-08)
- CAPE refunds are paid by ACH to the importer of record, generally within 60–90 days of an accepted declaration. — source (2026-10-08)
An estimate, not a quote and not legal or tax advice. Firms verify eligibility per entry; CBP computes the actual interest.
Sources
- 19 CFR § 24.36 — interest on refunds of excess duties — checked Oct 8, 2026
- 91 FR 60141 — CBP quarterly interest rates, Q4 2026 (7% non-corporate / 6% corporate) — checked Oct 8, 2026
- IRS IR-2026-98 — rates unchanged for Q4 2026 — checked Oct 8, 2026
- CBP — IEEPA duty refunds hub page (last modified Sep 30, 2026) — checked Oct 8, 2026
Frequently asked questions
›How is the refund interest calculated?
Interest runs from the date you deposited the duties to the date CBP reliquidates the entry, at the overpayment rate CBP publishes each quarter: 7% for non-corporations and 6% for corporations in Q3 and Q4 2026. The rate follows 26 U.S.C. 6621 and 6622, which compound daily. The refund calculator uses simple interest, so its figure is slightly low.