Question: I have a strange transaction that gives me a bad feeling. I would like to explain and appreciate any comments back. Here is the scenario: 1. USA company (manufacturer) builds and sells (invoices) a product to own entity (related party) in Canada 2. Canada related entity sells the goods to […]
Question: This question is for the Canada legal eagles related to customs valuation and related parties. Our company is owned by a parent company in another city. My locations ships goods to our facility in Toronto Canada which we control all the pricing they publish, etc. However they are not technically owned by […]
Question: Is there a published definition of what constitutes an Importer of record in Canada ? I’ve searched d-memos, CBSA’s website and the internet and can’t find one. Looking for something that defines the Canadian Importer of record and criteria when a company can assume that responsibility (financial interest ?) Thanks
Question: We currently are registered as a non-resident importer with Canadian customs. We use ABC COURIER to conduct all our brokerage activities into Canada on our behalf. FedEx provides a summary B3 for our records. My question is: Does anyone know if a B3 summary document is sufficient for record keeping requirements?
Question: Can a CANADIAN buying agent, who is the beneficiary of the funds for a purchase, remain a buying agent with commission non dutiable? In the US rulings it is very case specific. **********
Question: Can a CANADIAN buying agent, who is the beneficiary of the funds for a purchase, remain a buying agent with commission non dutiable? In the US rulings it is very case specific. **********
Question: Canada Customs Manual and Shipment Files Internal Auditing -How do other companies monitor their Customs Manual processes and Shipment Files? -Do you use templates or have templates in place? -What procedures do you have in place for auditing all areas involved (Accounting, Buying/Merchandising, Warehouse Receiving, Classification, etc.)? -How frequently do you […]
Question: If your company is the importer of record into Canada and you purchased products from an US Vendor to be shipped to Canada, how do you handle the customs paperwork? -Who produces the paperwork to submit to Customs? -How do you ensure the paperwork to is accurate (cost, description, tariff code, […]
QUESTION: We are an NRI in Canada and our prices to our customers are DDP. The freight portion of the price is based on an average. We ship to Canada using a small parcel carrier’s WorldEase service. Recently, another company approached us regarding this business and offered to back out the duty and transportation from […]
QUESTION: Our company is proposing a vendor consignment stock process at a Canadian manufacturing location. The question is can the Canadian entity act as the importer of the consignment stock ? A P.O. will be placed on the overseas vendor and the price will not fluctuate between importation and acceptance into inventory. Thanks ! *****************
QUESTION: We are an NRI in Canada and our prices to our customers are DDP. The freight portion of the price is based on an average. We ship to Canada using a small parcel carrier’s WorldEase service. Recently, another company approached us regarding this business and offered to back out the duty and transportation from […]
Question: Is there any specific language or regulation that determines who can clear Customs into Canada? For example, a U.S. company has two divisions, each with a different U.S. EIN and they wish to import into Canada. If one of the divisions is set up as an NRI in Canada, can they import goods for […]
