CARM: What all importers need to know about CARM

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Double check your insurance coverage

Don’t make the mistake of assuming your insurance coverage covers everything you ship.  For example, if you insure books on a regular basis, but have a one-time shipment of picture frames, your standard coverage may not apply (breakage of glass may be excluded).  Always confirm coverage before you ship.

   
     Vincent Kwong, Team Leader – Ocean Services
 

Vincent Kwong,
Team Leader – Ocean Services

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.

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