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2015 M and M LC MEET Hosted by MADISON YMCA AND MONTCLAIR YMCA at the Dennis Pool, Princeton Name of Meet Held under the sanction of USA Swimming NJS071115LC Meet Sanction # In granting this sanction,
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M and M LC stands for Merchandise Processing Fee and Harbor Maintenance Fee Low-Cost, which are fees imposed by U.S. Customs and Border Protection on imports.
Importers are required to file M and M LC for the goods they are bringing into the United States.
M and M LC can be filled out electronically through the Automated Broker Interface (ABI) system or manually using CBP Form 7501.
The purpose of M and M LC is to ensure that the correct fees are paid on imported goods and to maintain accurate records of imports for statistical and trade compliance purposes.
The information required on M and M LC includes the importer's name and address, the country of origin of the goods, a description of the goods, the value of the goods, and the HTS classification number.
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