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PRA: Counterfeits booming in PH due to ‘de minimis’ rule
The Philippine Retailers Association (PRA) is advocating for the removal of the “de minimis” rule exempting imports valued at P10,000 or below from duties and taxes, citing its detrimental ...
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US proposes to increase oversight of ‘de minimis’ exemption for low-value imports
The US proposed a new regulation on Monday to strengthen oversight of low-value imports under the de minimis rule, which exempts goods valued at US$800 or less from duties and stringent screening.