CBP Increases MPF Effective October 1, 2018
U.S. Customs Border Protection has announced a 2.151 percent increase of the merchandise processing fee (MPF) effective October 1, 2018 for fiscal year 2019. The assessed rate of .3464 percent of the entered value of merchandise does not change, the minimum and maximum limitations for the MPF have changed. Please find the changes below.
- Formal entry minimum increases from $25.67 to $26.22
- Formal entry maximum increases from $497.99 to $508.70
- Informal entry electronically transmitted to CBP increases from $2.05 to $2.10
- Informal entry manually submitted to CBP increases from $6.16 to $6.29
Additional information can be found through this link:
https://www.gpo.gov/fdsys/pkg/FR-2018-08-01/pdf/2018-16510.pdf
