Oh hello, I'm Joann, queen of the US Commerce Department. This little microphone is comprised of many different parts. Not all of them are made in the US, Canada, or Mexico. Does it still qualify to enter Canada and Mexico duty-free? Non-NAFTA inputs can be used to manufacture goods so that they can enter NAFTA countries duty-free. There are special rules of origin that determine what percentage of non-NAFTA country parts can comprise a finished good and still qualify as duty-free. These rules are called the NAFTA rules of origin. For every product, like this microphone, there is a rule of origin. Some rules are called tariff shifts or tariff classification change, others are regional value content. What do they mean and how do you apply them? In making this gadget, you, the manufacturer, must determine that sufficient North American content was used. Content means components, raw materials, or labor. Let's say it takes three parts to make this microphone. If the three gizmos, which are made in, say, Malaysia, have different Schedule B numbers or HS code numbers than the finished product, the microphone qualifies as duty-free. Regional value content is a rule of origin that specifies the percentage of NAFTA content value. If the total value of the microphone, including components, raw materials, and labor, contains less than 50% of foreign content, it still may be duty-free into Mexico or Canada. You can calculate the value of the different content by using the transaction value method or the net cost method. The formulas for each method can be found by clicking on the documents next to this video window. So, to review, the product you make or distribute can enter Canada or Mexico duty-free, even if it contains content from a non-NAFTA country. But you need to apply...
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Nafta 2024 Form: What You Should Know
CBP Form 463 — Customs Declaration Statement Sep 23, 2024 — CBP Form 453, Application for Duty-free Access, is a form used to apply for duty-free access under the NAFTA when entering a U.S. port of entry. CBP Form 453 — Application for Duty-free Access Feb 15, 2024 — The rules for the use of CBP Form 830 are located at CBP Form 830 — Application for U.S. Customs and Border Protection Duty-free Access (Form 830) CBP Form 830 — Application for Duty-free Access Sep 23, 2024 — CBP Form 463 — Application for Duty-free Access, is a form used to establish a duty-free account (i.e., receive a receipt, or receive a delivery of an item) when entering a U.S. port of entry. CBP 463 — Application for Duty-free Access Jun 30, 2024 — CBP Form 458, Customs Declaration Statement: Declaration Form, is a form used by Border Patrol agents to document the return of duty-free goods imported between the United States and Canada when entered through a U.S. port of entry. CBP Form 458 — Customs Declaration Statement Oct 13, 2024 — CBP Form 458 — Declaration Form, is a form used by Border Patrol agents to document the return of duty-free goods importing between the United States and Canada when entered through a U.S. port of entry. CBP Form 458 — Declaration Form Oct 13, 2024 — CBP Form 463 — Declaration Form, is a form used by Border Patrol agents to document the return of duty-free goods imported between the United States and the United States when entered through a U.S. port of entry.
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Video instructions and help with filling out and completing Nafta form 2024
