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The Administrative Monetary Penalty System (AMPS) is a Canada Border Services Agency (CBSA) sanctions regime that authorizes the CBSA to issue civil monetary penalties for the violation of CBSA’s trade and border legislation in the commercial stream. AMPS are intended to deter non-
Have you ever heard of the term drayage and wondered what it meant? Professionals in the industry refer to drayage as delivery or ground shipping services which some can misconstrue. To narrow it down, Drayage is the crucial link in the last leg of transporting goods domestically.
The global shipping crisis has become everyone's problem as a direct result of international issues, including the ongoing COVID-19 pandemic, climate change, war, more restricted policies, and unstable market demand. With industries struggling, many importers have increasing concerns about the
What is a tariff? In today’s world, a tariff is a tax enforced by the US federal government to protect domestic industries against environmental, safety and competitive threats. Tariff codes apply to goods imported from a foreign market, which is where the Harmonized System (HS)
Canada has a number of Trade Incentive Programs to allow Canadian companies to remain competitive in the ever increasing global competitive market and to entice foreign investors to invest in Canada. Trade incentives permit companies to waive, postpone or refund some or all of the duties and
Canada’s Duty Drawback program is administered by the Canada Border Services Agency (CBSA) and is one of their Trade Incentive Programs which we explained in a previous blog post Canada’s Trade Incentive Program. In this post, let's dive in and look at the specifics of this program. Generally
CBSA has a program whereby commercial clients can correct inaccurate or incomplete information or disclose previously unreported information. When this is done voluntarily, CBSA may grant monetary relief to the client. This program is known as the Voluntary Disclosure
The delay of the Canada Border Services Agency Assessment and Revenue Management (CARM) Release 2 came with a sigh of relief from many Canadian importers that had not yet gone through the process of setting up a CARM Client Portal. However, for those proactive users
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