CBSA identifies specific industries and products as priorities for audits, and updates their verification priority list on an ongoing basis.
EDI (electronic data interchange) is the electronic exchange of business data in a standardized format between trading partners and
with customs agencies. It replaces paper-based document exchanges of the past and offers the benefits of lower costs, increased transaction speed, improved accuracy, and smoother transactions.
But what’s involved in importing, and how do you know for sure whether the car you’re considering will be allowed across the border? Will that “great deal” still be as good once you factor in all the duties, taxes and other fees to get it here?
What is duty?
Duty is a tax paid to the customs authority of the country into which goods are being imported. The amount of duty is usually calculated based on the value of the goods – but can also vary depending on other factors such as quotas, timing, quantity and country of origin.