Reminder - Informal entry limit increased to $2,500; certain formal entry requirement removed 

December 17: A reminder—U.S. Customs and Border Protection (CBP), on December 5, 2012, issued a final rule that increases the informal entry limit from $2,000 to $2,500 effective January 7, 2013, and removes the formal entry requirement for certain articles.

See TaxNewsFlash-Trade & Customs: CBP increases informal entry limit to $2,500; removes certain formal entry requirement


According to today’s CBP release, due to the elimination of absolute quotas under the agreement on textiles and clothing, articles classified under certain harmonized tariff sections and chapters listed will no longer require a formal entry if the merchandise value for these listed articles are in excess of $250. CSMS #12-000572, (December 17, 2012)


As a result, the identified tariff numbers will no longer be subject to the formal entry requirements if the merchandise is in excess of $250, but will be subject to the $2,500 informal value limit.


CBP reports that it is in the process of modifying the ACS system to accept the new $2,500 informal value limit and remove the $250 limitation for the above tariff numbers.



For more information, contact a professional with KPMG’s Trade & Customs practice:


Douglas Zuvich

(312) 665-1022


Andrew Siciliano

(631) 425-6057


John L. McLoughlin

(267) 256-2614


Todd R. Smith

(949) 885-5617


Luis A. Abad

(212) 954-3094


Amie Ahanchian

(202) 533-3247


Or your local KPMG Trade & Customs professional.




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