CARM: What all importers need to know about CARM

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The cheque is not in the mail

Don’t expect to receive a cheque from the Canada Border Services Agency (CBSA) for a refund or drawback of duty/GST.

Those transactions will now be handled with monthly offsets to importer account statements, just one of many ways the CBSA is changing how it does business with the commercial trade community for the better.  The improvements are possible because the CBSA is replacing aging revenue and cash systems with a more modern Accounts Receivable Ledger (ARL) process that will improve service delivery by allowing more electronic interaction.  

For more information, contact Brian Rowe, General Manager – Customs Consulting Services.

Quick Tip #49
Know the risk and responsibility assumed when booking direct with carriers

If you are not careful, the money you save in one area may be exceeded by the extra costs you incur in another area.

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