📦New Regulations for Low-Value Shipments
Entry of Low-Value Shipments
Summary
This document proposes amendments to the U.S. Customs and Border Protection (CBP) regulations pertaining to the entry of certain low-value shipments not exceeding $800 that are eligible for an administrative exemption from duty and tax. Specifically, CBP proposes to create a new process for entering low-value shipments, allowing CBP to target high-risk shipments more effectively, including those containing synthetic opioids such as illicit fentanyl. This document also proposes to revise the current process for entering low-value shipments to require additional data elements that would assist CBP in verifying eligibility for duty- and tax-free entry of low-value shipments and bona-fide gifts.
Agencies
- Homeland Security Department
- Treasury Department
- U.S. Customs and Border Protection
Business Impact
$$ - Med
The proposed amendments to regulations for low-value shipments have direct compliance implications for businesses, requiring them to provide additional data elements for duty-free entry. They must adapt to new entry processes that enhance risk assessment for shipments, particularly affecting e-commerce. This impacts operational procedures in international trade.