Customs Clearance Entry and Duties
A customs entry is a required official document for any commercial shipment entering the US.
Customs brokers are licensed through CBP to act as agents on behalf of importers. They may be independent or may also operate as a freight forwarder. Customs brokers assist importers in getting their freight into the US and lower the cost of duties and taxes. You don’t need to use a customs broker, but they can help significantly navigate the shipping process.
Country of origin
Description of imported goods
Cost, insurance and freight (CIF) value
Expected duties
Formal entries apply to the import of commercial shipments valued at $2,500 or more.
Informal entries apply to the import of commercial or personal items valued at less than $2,500.
Section 321 or de minimis shipments contain parcel packages valued below the $800 customs threshold. These shipments are exempt from duties and taxes.
ISF (Imported Security Filing) on all ocean cargo coming into the US prior to cargo leaving origin.
AD/CVD, or Anti-Dumping & Countervailing Duties, apply to imported products that are considered to be unfairly subsidized or priced below fair market value.
If you are using a customs broker, you will need to sign a Power of Attorney in order for them to work on your behalf as an importer.
A single-entry bond is taken out on each individual shipment. This can be time consuming if you are importing more frequently. In this case it is simpler to have a continuous bond.
An annual bond is automatically renewed and covers bonds on all shipments for a calendar year.
Shipping documentation (Bill of Lading)
Commercial invoice
Packing list
Arrival notice