CARM: What all importers need to know about CARM

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Quick Tip #61

Understand why AMPS is so important

The Administrative Monetary Penalty System (AMPS) was introduced by the Canada Border Services Agency (CBSA) effective October 7, 2002. The master penalty document outlines 181 contraventions and the responsibility for these contraventions has been downloaded to the Canadian importers and exporters.

Effective April 1, 2019, as a result of the Auditor General of Canada’s report of 2017, which deemed AMPS penalties being too low to improve compliance levels, the CBSA increased a number of AMPS penalties related to commercial trade.

Take the time to review all 181 contraventions.  Focus on the areas where your company may be susceptible and evaluate your procedures.  The best way to avoid penalties under AMPS is to invest in compliance.

Keep informed of the changing requirements of AMPS.  For more information, visit www.universallogistics.ca and sign up for our Customs Compliance Made Easy seminar, or visit the CBSA website

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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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