The Canada Border Services Agency AMPS (Administrative Monetary Penalty System) legislation enables the CBSA to levy monetary penalties for non-compliance of specified regulations ranging from $100.00 up to $25,000.00 per infraction. This legislation is designed to promote compliance from all sectors of the importing community within the various CBSA regulations. One of the major areas ...
As the Importer of Record for transactions made with the Canada Border Services Agency, CBSA, it is extremely important that your company is aware of their obligations regarding compliance with Customs regulations. Of the myriad regulations that you face as an Importer, three very important regulations to be aware of are the “Administrative Monetary Penalty ...
After months of effort, you successfully establish a solid foreign source for a product line. You have met with the manufacturer and are confident with the company and their ability to produce a quality product that meets your criteria and time frame. You have determined packaging and labeling requirements, sought out a good freight forwarder ...
What does AMPS mean to you? If you are importer and exporter of goods into Canada, it’s in your best interest to know what AMPS are. Administrative Monetary Penalty System(AMPS) are monetary penalties issued by Canada Border Services Agency (CBSA) to ensure customs compliance. Both imports and exports of goods are subject to AMPS. ...
An Administrative Monetary Penalty System (AMPS) fine can be issued to anyone involved in the cross border movement of commodities who contravenes the rules and regulations found in the Customs Tariff and the Customs Act including importers, exporters, brokers, warehouse and duty free shop operators, carriers, freight forwarders or representatives thereof. This means that almost ...
