International Trade Today is providing readers with some of the top stories for May 16-20 in case they were missed.
321 de minimis
De minimis is a policy described in Section 321, 19 USC 1321. It allows the import of articles duty and tax free, provided their aggregate fair retail value does not exceed $800 in the country from which the articles are imported. Additionally, the articles must be imported by only one person on one day. The previous de minimis threshold was $200, but the Trade Facilitation and Trade Enforcement Act increased it to $800.
The recently increased $800 de minimis limit is causing a shift in business practices for brokers and importers, and raising questions and concerns over a growing number of low value shipments, said customs brokers and importers in recent interviews. Some in the trade community still await guidance on how to proceed with low-value shipments regulated by agencies other than CBP. There is also some concern the higher limit could cause more importers to break up their shipments to avoid the entry process and associated duties, customs brokers said.
CBP should announce mandatory ACE filing dates “as soon as possible” for any agencies or entry types for which mandatory filing dates have not yet been announced, said the Commercial Customs Advisory Committee (COAC) in a recommendation formally adopted at a meeting held April 27. Some importers surveyed say their brokers are waiting for the announcement of the deadlines, particularly for Food and Drug Administration data, before they start filing in ACE, while brokers need to know when agency data will be required so they can adequately plan their development and training efforts, said COAC members during the meeting.
CBP will handle shipments valued under $800 as below the de minimis threshold, starting March 10, CBP said in a CSMS message (here). As of that date, "shipments valued at $800 or less will be eligible for release under the same processes and with the same restrictions as currently apply for de minimis shipments of $200 or less," said CBP. The change follows the new customs reauthorization law that set the higher de minimis level (see 1602260049).
President Issues Proclamation