COBRA fees to be adjusted for fiscal year 2024
US Customs and Border Protection to increase COBRA fees, effective October 1, 2023
US Customs releases adjusted COBRA fees for fiscal year 2024
US Customs and Border Protection has published an update to their User Fees in the Federal Register. The fees, which have been adjusted for inflation, will be implemented October 1, 2023.
US CBP and the Department of Homeland Security announced the adjustment of select customs user fees and limitations established by the Consolidated Omnibus Budget Reconciliation Act (COBRA) for Fiscal Year 2024 in accordance with the Fixing America’s Surface Transportation Act (FAST).
The adjusted amounts of customs COBRA user fees and their corresponding limitations for Fiscal Year 2024 as adjusted by 26.67% set forth below are required as of October 1, 2023.
Table 1 provides the fees and limitations found in 19 CFR 24.22 as adjusted for Fiscal Year 2024, and Table 2 provides the fees and limitations found in 19 CFR 24.23 as adjusted for Fiscal Year 2024.
Should you have any questions or concerns, please reach out to your local DSV representative.
Our experts are ready to help. Get in touch and we'll find the solution you need.