Getting the Rules Of Origin correct is one of the key aspects to successfully importing under the new USMCA/CUSMA trade agreement--and to receive preferential treatment.
The tariff classification for the finished manufactured good needs to be determined. Tariff classification can be tricky, so ask your customs broker for support. Read our Tariff Classification 101 post here.
All components from the bill of materials need to be reviewed to determine if they are originating or non-originating materials.
In some cases, non-originating components or materials used in the manufacture of the finished good need to meet the applicable tariff shift for the rule of origin.
Learn more about tariff shift here.
Other rules will allow qualification with a tariff shift, or a regional value content calculation based on a transaction value method or net cost method.
CBSA has put together a webpage to answer this question!
Read an overview of the key changes affecting imports here.
To determine if your goods qualify for preferential treatment, refer to:
You might also like to read up on USMCA/CUSMA Certification Of Origin here.
Navigating the new USMCA/CUSMA is complex, especially ensuring your goods quality under the new requirements. We’re here to help. Contact our Free Trade Agreement specialists today.
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