New Import Rules: Increased Scrutiny for Low-Value Shipments
This act changes the rules for importing low-value goods, which were previously exempt from customs duties. The goal is to enhance trade security and fairness, potentially affecting delivery times for some shipments and requiring more information from importing companies. Citizens might experience changes in how they order goods from abroad, especially from countries with specific restrictions.
Key points
Elimination of duty exemptions for shipments from non-market economy countries or those on a priority watch list.
More data required from companies importing low-value shipments, including item description, country of origin, and shipper/importer details.
Potential financial penalties for companies providing false information or failing to provide required data.
Easier detention and inspection of shipments by customs, with options for abandonment or re-export at the importer's expense.
Expired
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