CARM: What all importers need to know about CARM

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Terminology

N

NPA, Notice of Penalty Assessment

A Notice of Penalty Assessment (NPA) is issued by CBSA for the purpose of assessing an Administrative Monetary Penalty System (AMPS) monetary penalty resulting from contraventions of the Customs Act, the Customs Tariff and/or the Special Import Measures Act (SIMA) and the regulations made thereunder.

Quick Tip #25
Insurance primer

Protect your business interests by ensuring you understand what is covered by your cargo insurance policy – and what is not. Without proper insurance, even one loss can have a huge impact on your bottom line.

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