CBP Increasing User Fees for Inflation
CBP will increase Consolidated Omnibus Budget Reconciliation Act (COBRA) fees by 26.67% to adjust for inflation in FY 2024 (by comparing the current year to the base year, FY 2014), the agency said in a notice. Affected fees include the…
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merchandise processing fee, vessel and truck arrival fees and the customs broker permit user fee. For example, the Commercial Vessel Arrival Fee for FY 2023 was set at $518.41 last year (see 2207290026). This year, it is being set at $553.55 for FY 2024. The Customs Broker Permit User Fee is going from the current $163.71 to $174.80 in FY 2024. The year-over-year increase is about 6.79%, according to the notice. The fees are effective Oct. 1, the start of FY 2024.