DeMinimisAPI - v1
10/Oct/2019 13:14:34 PM UTC
The De Minimis API provides data about the De Minimis amount and the Value Added Tax (VAT) amount that products may be subject to when exported to foreign countries. De Minimis is the threshold for a product's value below which no duty or tariff is charged. Furthermore, products below the De Minimis undergo minimal clearance procedures, such as customs and paperwork requirements. Similarly, the value of the exported products must exceed the VAT amount before it is subject to VAT. The API includes De Minimis and VAT amounts for almost 80 countries in that country’s currency.
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