Skydo, Intoglo partner to help SMEs claim US tariff refunds

By Aarav Garg

FinTech platform Skydo and logistics provider Intoglo have launched a service to help Indian exporters could reclaim more than $150 million in US tariff payments following recent legal changes in the United States.

The opportunity follows a US Supreme Court ruling on 20 February 2026 that struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Duties paid between 27 August 2025 and 6 February 2026 may now be eligible for refunds, subject to filing requirements.

Skydo said it is working with Intoglo to help exporters identify eligible shipments, manage documentation and access US-local accounts to receive payouts directly. The companies estimate Indian exporters alone could recover more than $150 million based on duties paid on US-bound shipments during the affected period.

“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,” said Sufal Roongta, Co-Founder and CBO of Intoglo.

For exporters, especially SMEs, the refunds could offer a timely liquidity boost, helping ease margin pressure and support reinvestment.

“A significant amount of tariffs paid by Indian exporters is now eligible for refunds, but is hard to claim simply because the CAPE system is cumbersome and requires exporters to have a US bank account,” said Srivatsan Sridhar, Co-Founder and CEO of Skydo. “In partnership with Intoglo, and through our RBI-regulated cross-border payments infrastructure, we’re removing that friction and giving exporters a clear way to access these funds through US-local accounts.”

Claims are being handled through US Customs and Border Protection’s Consolidated Administration and Processing of Entries (CAPE) portal, which launched its first phase in April and is expected to be the main route for refund submissions.

The process, however, includes several compliance requirements. Eligible shipments generally need to have been made under Delivered Duty Paid (DDP) terms, meaning the exporter absorbed the tariff cost. Refunds are also issued only to the listed Importer of Record, which may require coordination where third parties managed customs entries.

Payments are typically made to a US bank account via ACH, making access to US banking rails an important step for overseas exporters.