NEWS

If you are e-commercial retailer and tranferring several shipment to the US, you should understand standard imported goods regulations through the US border. Import goods as per section 321/type 86 is allowed to speed up the customs clearance procedure and avoid tax with low valued goods.

So what is Section 321/ Type 86?

Section 321/Type 86 is an import regulation which is established by US Customs & Border Protection departments in order to improve customs procedures for importers.

This regulation allows retailers to import bulk shipments into the United States without taxes or fees if value at $800 or less. If shipments comply with any specific data requirements from a Government Authority partner, a Type 86 entry will make the customs clearance process seamlessly, ensured approval. . 

Benefits of Section 321/ Type 86 

Clearance with Section 321/ Type 86, retailers can speed up the delivery process of their low valued shipments. E-commerce application submission and customs clearance are both completely electronic, which results in greater operational efficiency. 

Another essential benefit of clearance under Section 321/ Type 86 is improvement of safety and security for imported goods, through compliance with the requirements set by the Government Authority of partner Country. 

In addition, a significant benefit for e-commerce retailers is a significant reduction in tax costs for low-value shipments. Retailers can also shorten supply chain routes when it comes to all international air or ocean freight shipments, thereby further reducing costs and improving customer satisfaction. 

Simply put, retailers can ship individual orders up to $800 directly and eliminate the process of shipping to distribution centers. Everything will be quick and smooth because Customs approves duty free procedures for these shipments. 

The role of the Customs Broker

US Customs & Border Protection provides type 86 Entry Forms to e-commercial retailers. And they can file all the 86 retailers' entries. , ensuring all of their international e-commercial low-value shipments are tax-free and arrived their destination on time. The Customs Broker can handle all the necessary data requests of the partner government agency through the ABI - Automated broker interface, helping the retailer to reduce the burden and Reduce international shipping cots . 

After understanding the Customs clearance method under Section 321/ Type 86, we can see that this is a good opportunity for retailers on e-commerce platforms or 3PL companies in Vietnam to seize and open expand into this market. 

In this January, GOL launched the US E-Commerce Import program (link), promising to bring the best logistics solutions for businesses and customers wishing to export to this potential US market. 

Register now to join the Webinar "Building a supply solution for international e-commerce (Cross-border e commerce) for 3PL businesses" to better understand this tax incentive in the US market and other solutions technology that GOL brings, promises to catch up with this large market .

Event information:

Time: January 14 2022

Zoom meeting