Upcoming Changes to HS Codes The World Customs Organization issues changes to the Harmonized Commodity Description and Coding System (HS) every 5 years, with the last update occurring in 2017. The 2022 change to the HS will affect over 900 codes and will require updates by the 200 countries that
Enrolling in CARM CARM Release 1 has arrived, which means that the CARM Client Portal has opened and enrolling in CARM is now possible. CARM stands for the CBSA Assessment and Revenue Management Project. It is a part of a multi-year initiative by the Canada Border Services Agency (CBSA) to
What are Importer Security Bonds? There are many industries in Canada that rely on the shipment of merchandise to or from other countries. The success of such companies is highly reliant on the import process. Importer security bonds are a great choice when it comes to facilitating this process. Just
CARM – An Introduction CARM is an acronym for CBSA Assessment and Revenue Management and is a multi-year initiative that will transform and modernize the payment process for remittance of duties and taxes to Canada Revenue Agency. As one of the largest collectors of revenue for the government of Canada,
What is the duty on… “What is the duty rate on (insert item here)” is the most common question we get asked, right after “Hi, how are you?” The duty rate can affect the cost of the goods you import and helps determine if it makes sense financially to import
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