US Customs and Border Protection has announced the Merchandise Processing Fee (MPF) will be adjusted for inflation effective October 1st.
The informal MPF and the minimum and maximum limits will be adjusted. The MPF rate of 0.3464% will remain the same.
The rate for informal entries will increase from $2.14 to $2.18.
The minimum rate for formal entries will increase from $26.79 to $27.23.
The maximum rate for formal entries will increase from $519.76 to $528.33.