Colombia Issues Guidance for Certain Import, VAT fees
Colombia recently issued a notice clarifying its new de minimis exemption for certain postal and courier imports, the Hong Kong Trade Development Council reported Jan. 6. The country said it will impose value-added taxes -- but not import duties --…
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on imports valued at $200 or less, regardless of the country of export or origin, HKTDC said. Colombia won't impose import duties or VAT if the import was sent from the U.S. and “contains fewer than six units of non-commercial merchandise.” Both import and VAT fees will apply, however, if the shipment is valued at more than $200.