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Who’s Paying My Duties and Taxes Under CARM?

According to the official CARM website, “Beginning on May 13th, CARM will be the official system of record that importers and other trade chain partners will use to pay duties and taxes.” If you are one of those Canadian commercial importers or trade chain partners - CARM will affect you.

Through the Portal: A CARM Choose Your Own Adventure

With CBSA’s CARM only weeks away and a notable number of businesses not yet registered in the CARM Client Portal, likely due to a lack of awareness, time, or ease in the process, we wanted to paint a picture of what the last few weeks leading up to implementation may look like.

Pre, Post, & Perilous: An Audit and Verification Odyssey

Pre- and post-verification audits are among PCB's most useful and popular services. But what is a ‘verification?’ The best way to explore that is with an example and a tale that’s all too common in the world of international trade. We’ll dive into that momentarily, but first, let's talk about terminology. For our purposes, audit and verification are essentially interchangeable terms, with ‘audit’ most often referring to a broader and more colloquial usage and ‘verification’ most typically referring to an official audit performed by Customs on a business and its import records.

CBSA January 2024 Trade Verification Priorities List

The Canada Border Services Agency (CBSA) recently released its verification priority list for January 2024. In this week’s post, we are going to give you an overview of the contents of the recently released verification list, its importance to importers, and some tips for importers to stay compliant in the face of a Customs inspection.