(Stockwell Trade Services)
The Canada Border Services Agency, Compliance Management Division has released its list of national priorities for verification in the coming year.
The selection of post-release verification priorities for trade programs is intended to support the CBSA’s risk-based approach that allows the Agency to ensure compliance with trade legislation and regulations while helping to provide a level playing field for Canadian businesses by ensuring the accuracy of trade data and the proper assessment, collection, relief and deferral of duties and taxes.
The CBSA has identified 14 national verification priorities so far for 2010 are as follows:
Valuation verification
• Plastic household goods
Tariff Classification verification
• Magnesium sulphates
• Cotton yarn
• Copper and articles thereof
• Stone vs. articles of stone
• Reclaimed rubber
• Furniture parts
• Gloves
• Soap
Origin verification
• Vegetable fats and oils
• Articles of bedding and similar furnishings
• Perfume and toilet water industry
• Mattress upholstery
• Electric generators
Importers of the foregoing commodities that are being targeted by the CBSA in 2010 would be well-advised to immediately begin reviewing all aspects of their compliance procedures, especially as they relate to the applicable areas of concern (i.e., valuation, tariff classification, and origin determination) in order to minimize potential risk exposure.
