| HS Code now mandatory
for release |
|
(Ottawa, May
1, 2002)... Effective May
1, the correct 10-digit Harmonized System (HS) Tariff Classification
code is mandatory for the customs release of commercial
shipments into Canada valued at CAN $1,600 or more.
Where more than one commodity is included
in a shipment, the HS Tariff must reflect one of the following:
(a) the highest value invoice
line of the shipment
(b) a reasonable representation of the goods
within the shipment
The term "reasonable representation"
is defined by Customs as a commodity line that reflects
the true nature of the goods contained in the shipment.
Universal Logistics will do the appropriate
research to apply the HS Tariff at time of release. To avoid
unnecessary delays, importers are encouraged to provide
complete and accurate documentation prior to shipment arrival.
This means import invoices should quote descriptions of
commodities and the 10-digit HS Tariff for each line item,
where possible.
All of the information you need is presented
in your personalized Client
Tariff Resume, a complete review of your vendors,
products, HS Tariff Classifications, duty rates, etc. It
is important to ensure your information is current, complete
and accurate because errors on release documents, such as
an incorrect 10-digit HS Tariff, can lead to penalties and
fines under the Administrative Penalty System (AMPS). To
view your Client Tariff Resume,
go to Inside Trac under
Clients Only.
For more information or to request
a consultation on your Client
Tariff Resume, contact Brian
Rowe, General Manager – Customs and Consulting (Telephone: 905-882-4880,
Email: browe@universallogistics.ca).
|
