If you are an eCommerce business that frequently imports products, section 321 entry can help you save money and speed up your fulfillment processes. However, it is important to be aware of some limitations before utilizing this shipping method.
Generally speaking, section 321 shipments can only be filed for one shipment per day. This limit is particularly critical if you’re using multiple carriers or freight forwarders to ship your products.
It’s a great way to save money
Section 321 entry is a cost-saving shipping method that lets businesses import goods into the United States without having to pay customs duties. It allows businesses to avoid the formal customs process and save money on duties, taxes, and other fees.
One of the most significant benefits is the ability to get your shipments out the door quickly. With fewer delays, a well-coordinated supply chain can help you scale faster and reach more customers.
Another way section 321 entry can save you money is by reducing your shipment’s freight costs. As with any import, it’s important to work with a reliable shipping carrier who will ensure your imports are shipped correctly and efficiently.
If your shipment is valued at $800 or less, it’s likely eligible for de minimis – meaning it will be able to enter the country duty-free. However, if your shipment is more than this value, it’s important to speak with a customs consultant to make sure you’re not importing items that are subject to increased tariffs under the current trade war between China and the US.
It’s a great way to grow your business
One of the best ways to grow your business is by improving your bottom line. In today’s highly competitive marketplace, it is imperative to find innovative and cost effective solutions that will keep your customers coming back for more. Embracing the latest in shipping technologies and logistics is essential for any merchant who wants to remain ahead of their competition.
Getting your goods from point A to point B safely and efficiently can help you save time and money in the long run. Luckily, there are many services that can aid you on your journey to success. Whether you’re a small business owner or large corporation, incorporating the most cutting edge shipping technology can ensure that your goods arrive in tip top condition.
To ensure you get the most out of your section 321 entry, be sure to use a customs broker who will advise on the best possible approach for your unique situation. The right partner will be able to streamline the process for you and save your company the headache of trying to do it yourself.
It’s a great way to get started
Shipping logistics are one of the most significant challenges eCommerce merchants face when sourcing goods from overseas. International customs, taxes, and import duties all significantly impact expected shipping costs.
For this reason, many eCommerce merchants are looking for ways to optimize their supply chains and keep their logistics costs down. One way to do this is by leveraging US Customs and Border Protection law Section 321.
The US Government has made several efforts to simplify the process of importing items into the country, and Section 321 entry is a great way to take advantage of these improvements. It allows low-value shipments to clear through customs tax and duty-free.
However, this type of entry is only available for a single shipment per person/company per day. It’s important to make sure your shipping partners communicate this requirement so you don’t receive penalties for making multiple shipments on the same day.
It’s a great way to get visibility
The growth of ecommerce in the United States is a big driver behind the increased use of Section 321 entry. eCommerce companies that import goods need to pay close attention to shipping logistics to ensure they are saving on importing costs and getting products into the hands of customers in time.
A strong supply chain team is key to taking advantage of these benefits. Make sure your partners are aware of what shipments will be making a Section 321 claim each day and communicate this to them clearly.
Another benefit of Section 321 shipments is that they aren’t subject to duty tax, meaning you can save money on your shipments. However, there are other factors to consider that can affect your bottom line.
A good Customs broker can help you streamline the process and ensure compliance. They can also help you reduce manual data entry and create clear customs reports. This can be a huge benefit for companies that import high volumes of low value goods.
