OTTAWA,
ON, May 22, 2024 /CNW/ - The Government of
Canada has amended the Order that
brings into force the final legislative changes for the Canada
Border Services Agency (CBSA) Assessment and Revenue Management
(CARM) digital initiative. These legislative amendments, and
associated regulations, will now come into force on October 21, 2024. On this day, CARM will be made
available to trade chain partners as it will become the official
system for the collection of duties and taxes for goods imported
into Canada.
CARM successfully launched internally at the CBSA on
May 13, as planned, to advance the
Agency's compliance and enforcement efforts. Errors and omissions
in customs payments create an unfair competitive advantage for
those not paying their fair share.
The CBSA has also now assumed the responsibility for the
administration of import-export program accounts, a role previously
held by the Canada Revenue Agency (CRA).
Trade chain partners continue to register for the portal, with
over 81,000 members already onboard, and are getting ready with our
support to start using CARM this fall. So far, 95% of Canada's top importers by volume have
registered to CARM.
In addition to protecting and growing $40
billion a year in revenue for Canadians, CARM will offer
trade chain partners with a number of benefits including:
- Eliminate cumbersome and time-consuming paper-based
processes;
- Provide better tools to improve fairness and consistency in the
treatment of all importers, reducing missed opportunities to apply
taxes and/or duties, thereby reducing revenue leakage; and
- Improve functionality for importers through the ability to
enroll in commercial programs, submit accounting documents, and
receive notifications through their CARM Client Portal
account.
To ease the transition to CARM, all commercial businesses who
import goods into Canada are
encouraged to register on the CARM Client Portal as soon as
possible, ahead of the new coming into force date this fall.
Associated links
- Order Amending the Order Fixing May 13,
2024 as the Day on Which Certain Provisions of the Budget
Implementation Act, 2021, No. 1 and the Budget Implementation Act,
2022, No. 1 Come into Force: SI/2024-21
- CBSA Assessment and Revenue Management (CARM)
- CBSA phasing in CARM: launching internally for CBSA use as
planned in May and later in the fall for trade chain partners
- Customs Notice 24-17: CARM: Launch to External Clients
Rescheduled to October 2024
SOURCE Canada Border Services Agency