CBP Increasing User Fees for Inflation
CBP will increase Consolidated Omnibus Budget Reconciliation Act (COBRA) fees by 26.67% to adjust for inflation in FY 2024 (by comparing the current year to the base year, FY 2014), the agency said in a notice. Affected fees include the…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
merchandise processing fee, vessel and truck arrival fees and the customs broker permit user fee. For example, the Commercial Vessel Arrival Fee for FY 2023 was set at $518.41 last year (see 2207290026). This year, it is being set at $553.55 for FY 2024. The Customs Broker Permit User Fee is going from the current $163.71 to $174.80 in FY 2024. The year-over-year increase is about 6.79%, according to the notice. The fees are effective Oct. 1, the start of FY 2024.