Industry News
CBP Adjustment to MPF Rate Begins October 1st
September 30, 2019
U.S. Customs and Border Protection has adjusted the amounts for its merchandise processing fees (MPF).
While the MPF ad valorem percentage rate of 0.3464% will not change, the MPF minimum and maximum for formal import entries (class code 499) will increase slightly.
Starting October 1st, 2019:
- MPF minimum will increase from $26.22 to $26.79
- MPF maximum will rise from $508.70 to $519.76
For bookings placed with Eastern, no further action is required on your part. To coincide with the October 1st date, Eastern’s documentation will automatically include this industry-wide adjustment.
Read more about this industry change or contact Eastern at admin@easternworldwide.com.