United States Customs Guide. Duty and Tax Threshold Imports valued at USD $200 or less FOB* are duty and tax exempt Minimum Tresholds & Duty rules Duty.

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Presentation transcript:

United States Customs Guide

Duty and Tax Threshold Imports valued at USD $200 or less FOB* are duty and tax exempt Minimum Tresholds & Duty rules Duty Calculation Duty is calculated exclusively on FOB value Most Commonly Imported Items with Duty Rates Clothing - 7.3%* Natural health products - 6.4%* Cosmetics - 0%* Wallets/handbags -20%* CD & DVDs - 0%* Auto parts - 2.5%* Footwear %* Jewelry (imitation) - 11%* Vitamins - 6.4%* Costumes/festive goods - 0%* Free Trade Agreements North American Trade Agreement United States-Australia Free Trade Agreement United States-Marshall Islands Compact of Free Association United States-Micronesia Compact of Free Association United States-Palau Compact of Free Association United States-Singapore Free Trade Agreement [Republic of] Korea-United States Free Trade Agreement Free Trade Agreements (FTA) allows for preferential duty rates. Goods must meet the Rules of Origin outlined within each FTA to qualify for preferential duty rates *Additional charges can apply

Tax Rules, Import Restrictions & Drawback Tax Calculation Tax is not automatically assessed on imports. Customs declarations are available to state tax representatives. Occasionally, they will collect state tax from the importer. Types of Tax State sales tax Tax Rates Sales tax varies by state Common Import restrictions More information on Import Restrictions can be found at Returns & Drawback No current drawback solution.

Examples Examples to United States Example 1 Sweater of USD$199 Example 2 Sweater of USD$250 Value of the good USD$199USD$250 Duty applied Not applicable since <$200 USD = USD$0 Clothing 7.3% (250*0,73) = USD$18.25 Tax applied USD$0 Total cost of goods, duty & tax paid by a client (excl shipping costs) USD$199 = USD$ =