Importing to the United States is an essential aspect for most American businesses. Navigating the customs clearance process is crucial for importers. In this blog, we review the different types of customs entries - Section 321, informal, and formal entries.
Characteristics: Section 321 entries are applicable to shipments with a value under $800 to import duty free. The goods cannot be otherwise restricted or require a partner government agency approval. The value is for single orders on a single day. You cannot break down larger orders to take advantage of the duty free threshold.
This entry type is common for postal imports as well as for imports via FedEx, UPS and DHL. For companies wishing to ship a consolidation of orders, the options include:
Characteristics: Informal entries are typically used for shipments valued at less than $2,500. The advantage of an informal entry is that no customs bond or importer identification is necessary.
A formal customs entry is necessary both for restricted goods and shipments valued over $2,500.
Key Points:
By grasping the distinctions between Section 321, informal, and formal entries, importers can make informed decisions. The most suitable entry type is based on their shipment's value, nature, and compliance requirements. Work alongside an experienced customs brokers to ensure compliance. Contact Jet's team for assistance and recommendations.