1,745
edits
Free of Duty (CBP Shipment Type): Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| Line 3: | Line 3: | ||
{{#ev:youtube|yoy4rULSgXo|960|center|How to create a Personal Shipment in ACE within BorderConnect.}} | {{#ev:youtube|yoy4rULSgXo|960|center|How to create a Personal Shipment in ACE within BorderConnect.}} | ||
A '''Free of Duty''' Shipment, known for its corresponding form, [http://forms.cbp.gov/pdf/CBP_Form_7523.pdf CBP Form 7523], is a U.S. [[Shipment_Types_For_ACE_and_ACI_eManifest|Shipment Type]] for goods to clear through [[US Customs and Border Protection - General Information|US Customs and Border Protection]] and [https://www.borderconnect.com/ace-e-manifest/index.htm ACE Manifest]. It is a type of Informal Entry that allows for the release at the border of shipments consisting of merchandise that is unconditionally or conditionally duty free and not exceeding 2500 USD in value. | [[Image:Cbp-form-7523.png|300px|right|thumb|A CBP Form 7523, required for a '''Free of Duty''' shipment]]A '''Free of Duty''' Shipment, known for its corresponding form, [http://forms.cbp.gov/pdf/CBP_Form_7523.pdf CBP Form 7523], is a U.S. [[Shipment_Types_For_ACE_and_ACI_eManifest|Shipment Type]] for goods to clear through [[US Customs and Border Protection - General Information|US Customs and Border Protection]] and [https://www.borderconnect.com/ace-e-manifest/index.htm ACE Manifest]. It is a type of Informal Entry that allows for the release at the border of shipments consisting of merchandise that is unconditionally or conditionally duty free and not exceeding 2500 USD in value. | ||
To qualify as a Free of Duty Shipment, the goods must not exceed 2500 USD in value and must be either unconditionally duty free and not subject to any quota or internal revenue tax, or conditionally duty free with all conditions met at the time of entry. Because the carrier would not normally be in a position to make these determinations it is important that the carrier rely on the importer or their customs broker to advise if Free of Duty should be the shipment type.<ref name="shipmenttypes">Automated Commercial Environment Review of Shipment Release Types: Trucks http://www.cbp.gov/linkhandler/cgov/trade/automated/modernization/ace/toolkit/shipment_types.ctt/shipment_types.pdf</ref><ref>19 CFR 143.23 http://cfr.vlex.com/vid/143-23-form-entry-19651148</ref> | To qualify as a Free of Duty Shipment, the goods must not exceed 2500 USD in value and must be either unconditionally duty free and not subject to any quota or internal revenue tax, or conditionally duty free with all conditions met at the time of entry. Because the carrier would not normally be in a position to make these determinations it is important that the carrier rely on the importer or their customs broker to advise if Free of Duty should be the shipment type.<ref name="shipmenttypes">Automated Commercial Environment Review of Shipment Release Types: Trucks http://www.cbp.gov/linkhandler/cgov/trade/automated/modernization/ace/toolkit/shipment_types.ctt/shipment_types.pdf</ref><ref>19 CFR 143.23 http://cfr.vlex.com/vid/143-23-form-entry-19651148</ref> | ||