Indian exporters impacted by U.S. tariffs imposed under the International Emergency Economic Powers Act (IEEPA) now have a critical opportunity to recover previously paid duties, following recent legal developments in the United States. To streamline access, Skydo, in partnership with Intoglo, is offering end-to-end support for exporters. This includes identifying eligible shipments, managing filings, and enabling access to U.S.-local accounts for direct receipt of refunds.
Key Highlights
- Indian exporters can reclaim IEEPA tariffs via CAPE portal after U.S. Supreme Court ruling reversal.
- Skydo and Intoglo simplify refund claims, unlocking over $150 million for Indian exporters.
The development comes after the U.S. Supreme Court struck down the tariffs on February 20, 2026, effectively overturning measures introduced during the Trump administration. As a result, duties paid between August 27, 2025, and February 6, 2026, are now eligible for refunds, subject to compliance and filing requirements.
To facilitate the refund process, U.S. Customs and Border Protection is rolling out Phase 1 of its Consolidated Administration and Processing of Entries (CAPE) portal starting April 20, 2026. This platform will serve as the official channel for submitting claims. The scale of the opportunity is significant, with U.S. authorities estimating that nearly $166 billion was collected globally under these tariffs.
A Major Opportunity for Indian Exporters
For Indian exporters, the refund potential is substantial. According to Intoglo, over $150 million in duties paid on U.S.-bound shipments could be reclaimed. This recovery could meaningfully improve cash flows, ease margin pressures, and support reinvestment—particularly for small and medium enterprises (SMEs) navigating tight financial conditions.
“A significant amount of tariffs paid by Indian exporters is now eligible for refunds, but claiming them can be complex due to procedural requirements and the need for a U.S. bank account,” said Srivatsan Sridhar, Co-Founder and CEO of Skydo. “Through our partnership with Intoglo and RBI-regulated infrastructure, we’re simplifying this process and removing key barriers.”
However, the refund process involves strict compliance. Only shipments executed under Delivered Duty Paid (DDP) terms-where exporters bore the tariff cost-are eligible. Additionally, refunds are issued exclusively to the Importer of Record (IOR), which may require coordination with third parties. Payments are typically processed via ACH into U.S.-based bank accounts, making access to local banking infrastructure essential. Once a valid claim is filed, refunds are generally processed within 60–90 days, subject to verification.
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“We’ve seen a sharp increase in exporters reaching out for guidance on the IEEPA refund process. With guidelines still evolving and multiple versions circulating, it’s been difficult for exporters to navigate with confidence. Importantly, not having a US bank account is not a blocker now. Through our partnership with Skydo, we aim to provide Indian exporters with up-to date, verified, and actionable guidance on navigating the IEEPA refund process. For many mid to large exporters, this could mean recovering crores of rupees that can be reinvested directly into their business,” said Sufal Roongta, Co-Founder and CBO of Intoglo.
The financial impact is tangible. For instance, a mid-sized exporter that paid $50,000 in tariffs during the affected period can recover the amount only through accurate filing via CAPE and proper routing of funds. For many businesses, this recovery could translate into reinvestment in capacity expansion and market growth.
"Imposed tariffs were never built into the original cost structure; they effectively eroded margins. Recovering them would restore profitability and serve as a key lever for reinvestment in growth and capacity,” said Mayur Khara, MD, Automark Industries.
"The U.S. is a key market for us, but tariffs have slowed us down. Getting that money back would help us invest more and grow faster there,” said Suneet Yogesh Bhutta, MD, Vcare Medicines
With Phase 1 of the CAPE system now live within the U.S. Customs ACE portal, exporters are encouraged to assess eligibility and initiate claims promptly. Given the scale and time-sensitive nature of the opportunity, proactive action could unlock substantial financial relief for India’s export sector.
