--- title: "INFORMATION BULLETIN: 2026-04 Values, Descriptions and IPR" description: With the increase in tariffs and the elimination of the de minimis exemption, U.S. Customs and Border Protection (CBP) has intensified its focus on ensuring proper collection of applicable duties and tariffs. This heightened enforcement has led to increased scrutiny of manifest and entry data submitted by brokers, shippers, and consignees during the entry and release process. Inaccurate reporting of values, Harmonized Tariff Schedule (HTS) classifications, quantities, or weights may result in duty reassessments, penalties, liquidated damages claims, or even seizure of goods by CBP. image: https://www.ibcinc.com/hubfs/customs%20signature.jpg --- - - [English](https://www.ibcinc.com/blog/?hsLang=es) - [Español](https://www.ibcinc.com/blog/?hsLang=es-us) -   |  - ###### [COVID-19 STATEMENT](https://www.ibcinc.com/ibc-website-covid-statement?hsLang=en-us) ###### [TRACKING](https://www.ibcinc.com/track_package?hsLang=en-us)  |  [CREATE SHIPPING LABEL](https://www.ibcinc.com/apps/airbill?hsLang=en-us) [![ibc-2020-logo2](https://www.ibcinc.com/hs-fs/hubfs/Home%20Page%20Image%202021/ibc-2020-logo2.png?width=290&height=116&name=ibc-2020-logo2.png) ](https://www.ibcinc.com/?hsLang=en-us) ###### [CALL US (888) SHIP-IBC ](tel:+18887447422) - [Global E-Commerce](https://www.ibcinc.com/global-e-commerce?hsLang=en-us) - [Customs Brokerage](https://www.ibcinc.com/customs-brokerage?hsLang=en-us) - 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