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De minimus bill posted in House

Logistics Management

Monday, March 11, 2013

A bicameral effort to facilitate trade of low-value shipments is underway with the introduction in the U.S. House of Representatives of a bill that would raise the minimum value at which customs duties are imposed on imported goods. Rep. Aaron Schock, R-Ill., reintroduced legislation (H.R. 1020) similar to that last session that would set the threshold at $800 instead of the current $200 for having to declare goods for customs purposes and pay duties and fees. A "de minimus" c...

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