Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
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By Ian Putzger
European letter carriers are preparing for a new regime for low-value commercial letter mail entering the European Union (EU), which calls for electronic submission of shipment data in advance.
With values below national de minimis levels for personal consumption, these shipments do not require clearance, but they have to be declared.
The new framework is due to come into effect across the EU on January 1, 2021, concurrent with the mandatory implementation of advanced digital data systems for customs and transport ...
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