Is the Merchandising Processing Fee (MPF) Increasing this year?

Q: Is the Merchandising Processing Fee (MPF) Increasing in 2021? A: Yes, U.S. Customs & Border Protection (CBP), posted notice of the below-noted increase(s) in user fees, which are effective October 1, 2023. CBP will increase Consolidated Omnibus Budget Reconciliation Act (COBRA) ‘User Fees’ by 26.670 per­cent to adjust for inflation in the fiscal year 2024. New Rates Include: MPF Minimum:  $31.67 (previously $27.75) MPF … Read More

Continuous Bond: What Is It, and Why Do You Need One?

Customs Question of the Month

Q: Why do I need a continuous bond? A: Customs Bonds are required by US Customs for all commercial imports valued at $2,500 or more, even if a shipment is duty-free.  A bond guarantees to U.S. Customs & Border Protection (CBP) that the importer will make good on its payment for the duties and taxes due per shipment.  There are Single Entry Bonds (SEBs) that … Read More