The new policy is wished to prevent exporters from devaluing shipments destined to Canada and it was declared in late January 2015. The Canada Border Services Agency (CBSA) has stated that goods destined for a Customs Self-Assessment (CSA) importer are omitted from this new policy. If it finds that an exporter importantly devalued shipments made via the CBSA’s Courier Low Value Shipment (CLVS) program, then the CBSA may seize business goods in the foreign exporter’s name.
Tax Treaty News: January 2015
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