The Canada Border Services Agency (CBSA) implemented the long-awaited next phase of its CBSA Assessment and Revenue Management (CARM) initiative on October 21, 2024. The CBSA has now updated many of its technical publications to reflect the introduction of the CARM system and released Customs Notice 24-37 to remind importers, exporters, and brokers that an importer “RM” program account must be used when obtaining release and accounting for commercial importations. Additionally, the CARM system will not accept a Commercial Accounting Declaration (CAD) quoting an exporter BN15.
Technical publication updates include many CBSA departmental memoranda (D-memos), highlighting changes introduced by the implementation of CARM, including the need for importers to register their businesses in the CARM Client Portal and delegate a business account manager. The revised D-memos can be found on the CBSA website here. These memoranda cover several topics, including duty deferral programs, remissions and temporary importations, tariff classifications, accounting and release procedures, excise goods, exportations, and the Administrative Monetary Penalty System (AMPS).
If you have any questions about these publications or the impact of the CARM implementation on your organization, or if you would like assistance with setting up your account, please do not hesitate to contact the Ryan TaxDirect® line at 1.800.667.1600 or taxdirect@ryan.com.
