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| NAFTA Reminder – Time
to obtain 2004 Certificates of Origin |
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(Toronto, November 14, 2003)... This
is an important reminder to obtain valid 2004 NAFTA Certificates
of Origin before your 2003 Certificates expire, most
likely on December 31, 2003.
Valid Certificates are required
to ensure goods originating in Canada, USA or Mexico
are not subject to duty upon import. Moreover, claiming
preferential treatment without a valid NAFTA Certificate
of Origin on hand would result in the following Administrative
Monetary Penalty System (AMPS) fines:
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1st infraction - $1,000.00 |
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2nd infraction - $5,000.00 |
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3rd infraction - $10,000.00 |
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Subsequent infractions
- $25,000.00 |
For more information, or to
inquire about our NAFTA Management Program, please contact
Customs Consulting Services at Universal Logistics (905-882-4880).
Brian Rowe
General Manager - Customs Consulting Services
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