Current US and Canada Tariff News & Updates
The Canada Border Services Agency (CBSA) is rolling out the CARM project, changing how import duties and taxes are handled. With the April 26 registration deadline looming, here’s a concise guide from JORI Logistics to get you ready.
CARM Is Now Mandatory For Canadian Importers In October 2024
Navigating CARM: Current Delay Confirmed Until October SHARE What Is CARM? CARM, short for the Canada Border Services Agency’s (CBSA) Assessment and Revenue Management Project, is a multi-year initiative aimed at transforming the collection of duties and taxes for goods imported into Canada. Key Considerations for Importers: Web Portal Access: Importers will have their own […]
Important Update: Delay in CARM Rollout & Continued Preparation Steps
The Canada Border Services Agency (CBSA) is rolling out the CARM project, changing how import duties and taxes are handled. With the April 26 registration deadline looming, here’s a concise guide from JORI Logistics to get you ready.
The JORI Shipper’s Guidebook Series: Preparation for CARM Registration
The Canada Border Services Agency (CBSA) is rolling out the CARM project, changing how import duties and taxes are handled. With the April 26 registration deadline looming, here’s a concise guide from JORI Logistics to get you ready.
The JORI Shipper’s Guidebook Series: The Importer of Record
“The JORI Shipper’s Guidebook” is a practical, no-nonsense guide for importers and exporters seeking to navigate the complexities of logistics. This guidebook cuts through the jargon to provide clear, actionable advice on common logistics mistakes that businesses often encounter, and how to avoid them. It’s focused on real-world issues, from overlooked details in supply chain management to inefficient shipping practices, offering straightforward solutions.
Step 3: changes to the payment of duties, taxes, and statement of account Reconciliation
The Payment Due Date for customs is changing from the second last business day of the month to 10 business days after the 17thof the month. For JORI to pay CBSA on your behalf we need your payments to us by end of the third last business day of each month to meet the CBSA payment deadline.
Step 2: Get an RPP bond
What is the Release Prior to payment (RPP) program?
It is a form of security that importers will need to post with the CBSA.
The RPP program entitles Importers to:
Obtain the release of goods from the CBSA before paying duties and taxes,
Defer accounting for goods, and
Defer payment of duties and taxes
Step 1: Register on the CARM portal
CARM REGISTRATION INFORMATION
CARM is here now. Before May 2024, importers and other trade chain partners need to register and adapt their systems and business practices. Getting aligned with CARM now will help you avoid interruptions and delays later.
How to become a Non-Resident Importer
How to become a Non-Resident Importer
Becoming a non-resident importer in Canada opens up a world of opportunities for businesses looking to expand their market reach. As an NRI, companies outside of Canada can streamline the import process by taking on the responsibilities of a domestic importer without a physical presence in the country.
Port of Vancouver Operations Update – December 2
On September 19, 2021, the CPTPP entered into force for Peru, which then joined Canada, Australia, Japan, Mexico, New Zealand, Singapore and Vietnam as Parties to the Agreement. The List of Countries and Applicable Tariff Treatment schedule has not been updated to indicate Peru as a party and eligible for the CPTPP.