Merchandise Processing Fee (MPF) Increases Set for October 1

CBP has announced increases to the Merchandise Processing Fee (MPF) which will be effective on October 1, 2020. A copy of the announcement can be found here. It is important to note that the current Merchandise Processing Fee (MPF) ad valorem rate of 0.3464% will NOT change, however the minimum and maximum for formal entries (class code 499) will change. The minimum will change from $26.79 to $27.23, and the maximum will change from $519.76 to $528.33.

Additionally, the fee for informal entry or release (class code 311) will change to $2.18, the surcharge for manual entry or release will change to $3.27, and the dutiable mail fee (class code 496) will change to $5.99.

Please contact your V. Alexander account team with any questions and follow us on our website www.valexander.com for updates on this and other topics.

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