Posted on Aug 2
CBP Adjusts The Merchandise Processing Fee (MPF) on October 1, 2021
On Friday, CBP announced changes to the MPF and several other User Fees to be effective on October 1, 2021.
The complete announcement can be found here.
It is important to note that the Merchandise Processing Fee (MPF) ad valorem rate of 0.3464% will NOT change, however, the MPF minimum and maximum for formal entries (class code 499) will change.
The minimum will change from $27.23 to $27.75; and the maximum will change from $528.33 to $538.40.
Some other fees that are changing:
The fee for informal entry or release (class code 311) will change to $2.22.
The surcharge for manual entry or release will change to $3.33.
The dutiable mail fee (class code 496) will change to $6.11.
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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