QUESTION: If we have temporary rental product going to Canada and have a CBP form 4455, is a separate commercial invoice still required for US import or can we use the same commercial invoice as the one that was sent to Canada? %%%%%%%%%% ANSWER In each case it’s a pro forma not a commercial invoice […]
QUESTION: I am not familiar with the tax laws in Canada and am needing some feedback. Our Canadian affiliate is importing goods from Asian countries and is using FedEx for clearance. We pay the freight and brokerage charges in the U.S. on their behalf and charge back to their account internally. Our affiliate indicated the […]
QUESTION: In our internal review, we discovered a valuation issue in B3 which caused GST over payment. Does anyone have the process to get GST refund after adjusting CA entry (filing B-2)? ================== ANSWER: Depending on the timing of when this transpired, if you are a GST registrant, you should likely have already claimed your […]
QUESTION: Can the membership advise best practices for Canadian Export Declaration (CAED) filing compliance for a sale for export that is picked up in Canada by the foreign customer and ‘routed’ via their own freight forwarder (i.e. EXW of F terms)? Is the Canadian seller still considered the Exporter and responsible for CAED filing? If […]
QUESTION: We are a US manufacturer and have dealers in Canada. Some of the dealers act as importers of record in Canada, but the shipments are drop shipped directly to their customers. We sell the goods to the dealers at wholesale and then the Canadian dealer resells the goods at retail to their customers. On […]
QUESTION: We, an US importer, receive a customer PO from a Canadian customer. We pay a vendor in China to make and ship the products directly to our warehouse in Canada to fulfill the PO. Is it correct to use our price to the Canadian customer as the value for Canadian clearance? Or can it […]
QUESTION: A quick question for our Canadian contingency, when preparing documents for the export of non-controlled goods from Canada is any type of diversion control statement required? Some of our US operations include this statement on every export invoice and it seems that they are advising their Canadian offices to do the same, which may […]
QUESTION: This hypothetical question is in regards to our foreign Canadian subsidiary. We are the parent company located in the U.S. and understand the Canadian company now must follow US Regulations as well as Canada Regulations If the Canadian Company is exporting an item of (not necessarily of U.S. origin ) that is identified on […]
QUESTION: Can anyone in the Trade advise what value they use to import product into Canada when a sale is not made. Our product will go directly into a 3PL so there is no official sale at the time of import. The sale would occur later. ================= ANSWERS: A reasonable cost I usually use what […]
QUESTION: Has anyone had direct communication with CBSA on the information populated in box 5 of the CCI? CBSA CCI Instructions for box 5 are as follows below, but I also know it is common practice among brokers to look for the importer to be shown in box 5. I’m looking for information from Customs […]
QUESTION: We have rental equipment that we ship to our subsidiary in Canada. They end up paying GST on the entry, but the rental comes back into the U.S. Is the Canadian subsidiary eligible for a GST refund in those cases? ======================== ANSWERS: Yes, the GST paid on the import should be creditable on export, […]
QUESTION: I would like to confirm as importer of record if we should be retaining any further documents for cross border shipments from Mexico/Canada. The documents we are currently retaining are below: Entry Summary (7501) Inward Cargo Manifest for vessel under 5 tons… Entry/Immediate Delivery Form Commercial invoice (includes paps and carrier code) ******** Answers: […]
