CARM
Do you import and/or export jewellery or watches? If YES, keep reading to learn more about the Canadian Border Services Agency (CBSA) and the CBSA Assessment and Revenue Management (CARM) digital initiative.
WHAT IS CARM?
CARM (CBSA Assessment and Revenue Management) is the digital initiative that is changing how CBSA assesses and collects duties and taxes on commercial goods imported into Canada. In October 2024, CARM will become the official system of record that importers and other trade chain partners must use to pay duties and taxes.
Don’t delay: Prepare for CARM TODAY!
HELPFUL LINKS
Importers should register their businesses and delegate authority to their customs broker in CARM.
Customs brokers should continue working with importers to ensure they are registered and have delegated the necessary access.
Trade consultants, financial security providers, or other trade chain partners can find out what they can do to get started with CARM.
A complete guide on how to get started and navigate CARM.
Determine if you are required to register for CARM and identify the next steps.
It’s important to take the required steps now to help ensure your FedEx Express shipments don’t get delayed at the border when CARM Release 2 goes into effect in October 2024.
CARM UPDATES
June 24, 2024
Canada Border Services Agency (CBSA) Update: CARM- Release Prior to Payment (RPP) Feedback Request
The CBSA is seeking feedback on updated Customs D-Memoranda ahead of the launch of the CBSA Assessment and Revenue Management System (CARM) in October 2024.
The focus is on the Release Prior to Payment (RPP) document which can be reviewed HERE.
Please provide any feedback to the CBSA by July 8, 2024 at the following e-mail address: CBSA.CARM_Transition-Transition_GCRA.ASFC@cbsa-asfc.gc.ca