On February 24, 2016, President Obama signed into law the "Trade Facilitation and Trade Enforcement Act of 2015,” a series of measures intended to modernize the import clearance process in the U.S. The bill increases the U.S. de minimis level on international shipments inbound to the U.S. from $200 per shipment to $800 per shipment.
Effective Thursday, March 10, 2016, most shipments of merchandise imported into the U.S. by one person on one day having a fair retail value not exceeding $800 will be eligible for Section 321 (non-dutiable) release.
Quadrupling the de minimus threshold from $200 to $800, along with revisions to warranty repairs or alterations provisions, should have a positive impact on making cross-border commerce cheaper, faster and more predictable.
U.S. Customs and Border Protection (CBP) or any U.S. government agency that regulates specific commodities (APHIS,TTB, FDA, EPA, Fish & Wildlife and others) can require an examination and a formal entry on any U.S. import shipment regardless of the value. Antidumping/countervailing entries as well as quota-class merchandise still will not being eligible for SEC 321 release.
For additional information regarding the bill, go to the Congressional website: https://www.congress.gov/bill/114th-congress/house-bill/644.
For more information, please contact your local FedEx Trade Networks Transport & Brokerage office. For a complete list of office locations, go to http://www.ftn.fedex.com/us/locations.
Copyright © 2018 by FedEx Trade Networks Transport & Brokerage, Inc. Reproduction in whole or in part prohibited except by permission. All rights reserved. Information has been obtained from sources believed to be reliable. However, because of the possibility of human or mechanical error by FedEx Trade Networks Transport & Brokerage, Inc. or others, FedEx Trade Networks Transport & Brokerage, Inc. and its affiliates do not guarantee the accuracy, adequacy, or completeness of any information and are not responsible for any errors, omissions, or for the results obtained from the use of such information.
If you would like to be added or removed from the Bulletin distribution list, please send an email message to firstname.lastname@example.org and include your name, firm or organization, and Internet email address.