CARM Release 3 went live on October 21, 2024. This release will change the way many of you pay the duties and taxes for your imports. As such we are reaching out to provide guidance on how to handle the next Statement of Account (SOA) that will be issued on October 25, 2024.
Summit Customs Brokers proudly announces its sponsorship of the Wishes Without Borders initiative.
There have been significant updates ahead of the CARM transition in October (CN-24-27). These include revised procedures for submitting Duties Relief Program applications, drawback claims, and commercial temporary importations (CN-24-28). Additionally, a new 25% surtax on steel and aluminum products from China has been introduced. Stakeholders are also reminded of the upcoming regulatory changes for steel imports, specifically the requirement for Country of Melt and Pour (COM) information, which will be mandatory for clearance starting November 5, 2024.
Due to the labour disruption at both Canadian railways, Intermodal Rail shipments will be delayed. Read more.
The Canada Border Services Agency (CBSA) has announced an update on its plans for the launch of the CBSA Assessment and Revenue Management (CARM) digital initiative, aimed at modernizing the collection of duties and taxes for goods imported into Canada.
Summit Customs Brokers proudly announces its sponsorship of Sgt. Dayne Campbell for the upcoming Cops For Cancer bike ride across Canada.