CETA finally has an implementation date.
The Canada-EU Comprehensive Economic and Trade Agreement (CETA) finally has an implementation date. Prime Minister Justin Trudeau and European Commission president Jean-Claude Juncker made a joint statement on the weekend [July 8] announcing that the provisional application of the massive deal will come into effect on.
How to apply for an Advance Ruling
What is it? An advance ruling is a legally binding designation of the classification of goods for the purpose of assigning tariffs. Advance rulings are issued by CBSA under the Customs Act and serve to provide clarity by confirming a good’s tariff classification number under the Canadian Customs Tariff.
Going global – Is it time to take the leap?
According to the latest analysis, of Canada’s one million small- and medium-sized businesses, only about 40,000 are exporters - and just 10,000 of those export outside the U.S. Sure, our big neighbour to the south is our closest and largest trading partner but, given the current climate of uncertainty there – not to.
Attention importers! Auditor General’s Report on Customs Duties may affect you
A report by the Auditor General of Canada on Canadian customs duties is likely to result in changes to the customs compliance and enforcement regime. Released in March 2017, the report considered the roles of three federal agencies – the Department of Finance Canada, Global Affairs Canada, and the Canada Border.
New Tariff. New Rulings.
The Harmonized Commodity Description and Coding System (HS) is the internationally recognized system for coding and describing products for trade. The HS was developed and is maintained by the World Customs Organization (WCO).
Update: CETA receives Royal Assent – Bill C-30 is now law
On May 16th, the proposed legislation to implement the Canada-EU Comprehensive and Economic Trade Agreement (CETA) was granted Royal Assentby the Governor General of Canada.
What’s the auditor cooking?
The Canadian Border Services Agency (CBSA) undertakes trade compliance verifications (audits) to ensure their requirements are being met and the correct duty collected. Audits are conducted both randomly and by identifying goods of interest through targeted verifications. Here, we dive into the latest priorities for.
Increased possibility of high duties: How SIMA can affect your import costs
What is SIMA? One of the functions of the Canada Border Services Agency (CBSA) is to help protect Canadian producers from unfair foreign competition. In this spirit, the Special Import Measures Act (SIMA) helps protect Canadian industry from the unfair subsidizing and dumping of imported goods. CBSA and the Canadian.
A golden opportunity for U.S. importers: Importer Self-Assessment
What is it? Importer Self-Assessment is a U.S. Customs and Border Protection (CBP) program that offers qualified U.S. importers exemptions from certain security inspections and comprehensive audits, as well as expedited cargo release services. Started in 2002, the ISA program is based on the premise that importers.
U.S. customs compliance: A refresher
If you’ve been reading our blogs you might have caught our previous posts on this topic – for example, this one on customs negligence, and this more recent one on the “Mod Act” and non-compliance penalties. But if you’re importing into the U.S., this is important stuff – and it can be a bit confusing – even for a.
