Duties And Tax Liability And Payment, Transferring To You!
An Editor's Note: The features of Release 2 mentioned in this article are now anticipated in May of 2024. Please kindly bare this in mind while reading.
Need help understanding the CBSA Assessment and Revenue Management (CARM) client portal, requirement to purchase your own release prior to payment of security bond, and payment of your monthly statement? Pacific Customs Brokers is here to help!
CBSA’s mandatory online client portal is anticipated to go “live” in the fall of 2020.
Let our trade professionals assist in your setup and management of the new mandatory importer-centric online portal, where you will soon be required to manage the accounting activity of your import business, as well as make corrections, adjustments and payment due dates in a more streamlined manner.
Also, duty and tax liability and payment of customs disbursements is soon transferring from Pacific Customs Brokers to you, our client. All importers will be required to purchase and post their own financial security in order to avoid payment upon arrival of each incoming shipment. We can guide and assist in your purchase, setup, and management of a release prior to payment privilege bond.
Can I Delegate Access And Management To Pacific Customs Brokers?
Yes, the portal does allow for third party delegation of account, where importers can choose to provide access to Pacific Customs Brokers so that we can view your information, and potentially continue to manage payments on your behalf through our CARM payment services.
Interested In CARM Payment Services?
We encourage you to go to our website pcb.ca to watch for updates under Trade Regulation Updates as more information becomes available, including upcoming training seminars and support service packages.
How Will CBSA's CARM Client Portal Affect You?
How To Import Into Canada
For further information on CARM please visit the CBSA website at CBSA Assessment and Revenue Management