In the beginning of the month, U.S. Customs & Border Protection (CBP) submitted a proposal to the Office of Management and Budget (OMB), Excepting Merchandise Subject to Section 301 Duties from the Customs De Minimis Exemption.
Shippers may avoid paying duties when shipping to particular country if the value of the shipment does not exceed the De Minimis value.
De Minimis Value varies from country-to- country. Items imported into the United States are subject to duty when the value is over $800 USD.
In Australia, duty and taxes kick in after the first $1,000 USD. In Canada, it’s $20 USD; in some other countries, it’s $5 USD. In Europe, the average is about $190 USD, however, it may vary considerably from country to country.
This step comes as a final review before the publication of a new rule and is sure to impact e-commerce and small-parcel shippers heading into the holiday season. Especially as more Section 301 tariffs against products from China expire.
On September 1, over 100 Section 301 exclusions from List 4 were allowed to expire while only 87 received extensions until December 31.
Extensions were granted to gasoline-powered engines, bathrobes, watch cases, tracking devices, medical masks, hot and cold packs, plastic bowls, sewing machines, LCD modules, paintings and more.
For the full list of product exclusions extensions, visit the USTR notice.
ANY IMPORTER MAY APPLY FOR REFUNDS REGARDLESS OF WHETHER THEY FILED AN EXCLUSION REQUEST. EXCLUSION SCOPE IS DEFINED BY PRODUCT, NOT BY INDIVIDUAL FILING.
Need help? Talk to Green’s Global Trade Experts or your local Green office representative to see if you qualify for a retroactive refund.
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