CARM: Registration, Delegation of Authority, and Getting Ready for CARM Release 2

Jun 4, 2021 | CARM, News

For all updates and resources on CARM, visit: summitcustomsbrokers.com/carm.

CARM Client Portal

Registration, Delegation of Authority, and Getting Ready for CARM Release 2

 

Dear Valued Client,

The Canada Border Services Agency’s CARM Client Portal is now open for registration at: https://ccp-pcc.cbsa-asfc.cloud-nuage.canada.ca/en/homepage.

The CBSA Assessment and Revenue Management (CARM) project is a multi-year initiative that changes how duties and taxes are collected on commercial goods imported into Canada. All customs brokers, trade consultants, and importers must register.

Summit Customs Brokers & Trade Consultants is now registered on the CARM Client Portal, and you can register yourself and delegate authority to us so that we may continue to act on your behalf with the Canada Border Services Agency (CBSA).

Once registered, the importing process with us and the CBSA will remain the same until Release 2, scheduled for Spring 2022. However, you will need to prepare for CARM Release 2 well before then.

One of the biggest changes with CARM is the need for importers to secure and post their own importing bond if they would like to participate in the Release Prior To Payment Privilege (RPP).

Historically, customs brokers were allowed to extend use of their own customs bond to any importer that wanted it. This all changes under CARM (Release 2) and Importers will be required to post their own financial security — with either a surety bond or CBSA cash deposit — to obtain release of their goods prior to accounting and payment of any applicable duties and taxes with the CBSA.

The CBSA will display the required bond amount on the CARM Client Portal on the day of CARM Release 2.

Considering that the Release Prior to Payment Privilege (RPP) will be mandatory as of Day 1 of CARM Release 2, you will need to calculate your required bond amount and set up a bond well before CARM Release 2. We are advising you to set this up by Jan 1, 2022 to ensure your business continues to run smoothly.

You can obtain a surety bond through your bank or insurance company by filling out the form: Customs Bond for D120. For more detailed information about this, check out CARM Client Portal: Frequently Asked Questions on our CARM page: summitcustomsbrokers.com/carm.

If you have any questions about CARM, please don’t hesitate to contact our CARM team. Please visit: summitcustomsbrokers.com/carm.

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