|
We have vast experience with proper classification, value declaration, duty management, and ruling and dispute management. Our clients receive the most up-to-date information regarding frequent changes
to these regulations and advice on how their business may be affected.
UPS's international expertise extends beyond mitigating risk
to developing a comprehensive understanding of the trade regulations
impacting your business. The result is often a competitive trade
advantage for our clients due to the ability to quickly adapt
to new regulations.
- Valuation: The value of goods traded into Canada must
be established on the foundation of one of the six methods determined
by the Canada Border Services Agency (CBSA.) The requirements
of each of these methods are based on the rules reflected in
the World Trade Organizations Valuation Agreement. Our Trade
Consultants can conduct a formal review of current methodologies
used by an importer to determine if the valuation of your goods
meets CBSA requirements, including, if required, applying for
valuation rulings to Canadian customs.
- Duty Recovery and Deferral: The CBSA has multiple duty
recovery and duty deferral programs to assist importers reduce
duty payments on goods further manufactured and exported. Our
Trade Consultants help identify a best-suited program to optimize
duty savings and design cost recovery programs on a long term
basis.
- Advance Rulings: A National Customs Ruling is a binding
statement from the CBSA that a certain value for duty, trade
program or country of origin marking is acceptable on traded
goods. Advance Rulings are available for tariff classifications,
and are also binding. Once an Advance or National Customs Ruling
has been issued to an importer, the risk of re-assessment of
duty after importation or penalty as a result of an audit is
eliminated provided all of the conditions specified in the request
for the Ruling remain unchanged. Our trade consultants can identify
what products are at risk for penalty and re-assessment and
assist with applying for an Advance for National Customs Ruling
to ensure a predictable duty rate for years to follow.
Tariff Analysis: As tariffs determine the rate of duty
on imported goods, the CBSA requires the correct tariff classification
to the 10th digit at the time of release. Incorrect tariff classification
means inconsistent duty rates and deteriorating cycle times
due to inefficient supply chains. Importers also face potential
penalties for incorrect tariff classification. Our Trade Consultants
can analyze and deliver a complete review of currently used
tariff classifications to ensure accuracy and compliance.
- Appeals (Customs Determinations): Importers have the
right to ask for an impartial review of most decisions made
by the CBSA on the tariff classification, origin or value for
duty of imported goods. We can assist in the interpretation
of determinations issued by the CBSA and can navigate through
the complexities of the Customs appeal process.
Back
|