CARM: What all importers need to know about CARM

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Quick Tip #3

How to avoid customs penalties for non-compliance

Sooner or later, your business will be audited by Customs (CBSA) to ensure you have not committed violations that are subject to AMPS (Administrative Monetary Penalty System) penalties.

Make sure you are ready by:

  • maintaining a documented paper trail of every import/export shipment from purchase order to delivery
  • ensuring all customs declarations, generated from information on the shipping documents, mirror your internal ledgers (i.e. your reporting to Customs must reflect commercial reality)
  • keeping all records relating to customs transactions for the prescribed time limits (six years plus current year)

We offer professional customs consulting services to assist you in becoming fully compliant. Remember, investing in compliance is always less costly than paying for non-compliance

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More Quick Tips

Quick Tip #13

Money-saving container shipping tip

Quick Tip #13
Money-saving container shipping tip

When time permits, shipping a single 40′ container is always more economical than shipping two 20′ containers.

Quick Tip #47

When taking control of your shipment is good business

Quick Tip #47
When taking control of your shipment is good business

Selecting the right Incoterm will allow you to get the most from your contract of sale during negotiations.

Quick Tip #55

Create a load plan to save time and money

Quick Tip #55
Create a load plan to save time and money

Here is a quick, effective way to reduce transportation costs and minimize the time it takes to load a shipment:

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101 Logistics Quick Tips

Available exclusively from Universal Logistics