Effective October 1, 2018, Merchandise Processing Fees to Increase for Fiscal Year 2019

Effective October 1, 2018, Merchandise Processing Fees to Increase for Fiscal Year 2019

In August, U.S. Customs and Border Protection (CBP) announced that the Consolidated Omnibus Budget Reconciliation Act (COBRA) will increase user fees effective October 1, 2018 by 4.886 percent to adjust for inflation for Fiscal Year 2019. One fee affected by this increase is the “Minimum” and “Maximum” Processing Fees. Specifically, the "Minimum" and "Maximum" Merchandise…

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