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CARM: What all importers need to know about CARM

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Terminology

S

Single Entry Bond

A bond that guarantees payment to U.S. Customs for one importation or ISF filing.

A single entry bond is good for only one importation or ISF filing. This means one bond and one premium must be paid for each and every shipment imported into the USA.

For shipments subject to ISF Filing, a separate bond is required for both the ISF and the customs entry.

Fees for Single Entry Bonds are assessed, based on the value of the individual shipment with no maximum fee.

Quick Tip #16
Ensure basic information is completed on all commercial invoices

The commercial invoice is the basis for the Canadian customs entry and determines any applicable duties and taxes. Ensuring proper information is included is vital for the accurate processing of your shipment. The following information should always be shown:

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