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.
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