The direct to market program for Non-Resident Importer’s (NRI) can be key if you have the sales volume. While this is an excellent way to take advantage of lower duty rates for importing directly from an offshore country,valuation for Customs declaration remains a critical component of your customs compliance. The United States and Canada differ ...
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 ...
According to the Canadian Border Services Agency (CBSA) Courier Low Value Shipment Program Moratorium Update, the Courier Low Value Shipment Program (LVS) was implemented in 1993 and was meant to streamline and expedite the processing of authorized participants’ low value courier shipments. In 2010-2011, 32 Million Courier LVS Program shipments were processed. Due to the ...
