Attention Importers! U.S. Customs and Border Protection has issued a notice of increase to COBRA fees on July 28, 2023 in the Federal Register. The Merchandise Processing Fee (MPF) minimum and maximum is set to increase to $31.67 and $614.35, respectively, for fiscal year 2024 on October 1, 2023. Notably, the ad valorem rate of 0.3464% will NOT increase. At Atron, we understand the importance of staying up-to-date with the latest industry changes. Count on us to keep you informed. Dependability, delivered.
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