Customs Clearance USA

De Minimis Rule: Simplifying Trade or Opening Floodgates? Recent Changes and Their Impact

What is the De Minimis Rule? The de minimis rule is a trade regulation that allows low-value shipments to enter a country without being subject to duties and taxes. In the United States, this threshold is set at $800, meaning that goods valued at $800 or less can be imported duty-free. This rule simplifies the customs … Read more

Unlocking the Secrets of Customs Clearance: The Vital Role of Liquidation and How to Keep Track!

  The liquidation process by U.S. Customs and Border Protection (CBP) is a crucial step in finalizing the duties and taxes on imported goods. Here’s an illustration of the process: 1. Entry Filing: Importer Declaration: The importer or their customs broker files an entry summary (CBP Form 7501) with CBP, declaring the imported goods and providing … Read more