CBSA's January 2017 Trade Compliance Verifications Published!

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Jan 20, 2017

A new round of verification priorities have been published for the first half of 2017 by the Canada Border Services Agency (CBSA). The list is a semi-annual list of all of CBSA's active compliance verification priorities in the interest of transparency and the promotion of self-compliance. New targets have been added and previous targets begin their second or third rounds. There are five new items on the list and they range from food items to stone slabs all the way to railway equipment. Be sure to review the list for commodities you may import or export and continue your efforts for customs compliance.  

Types of Post-release Verification Processes

The CBSA manages compliance with the Tariff Classification, Tariff Treatment, Valuation, and Origin programs using the following two post-release verification processes:

1. Random Verifications

Random verifications are designed to measure compliance rates and revenue loss and the results may be used for many purposes, including:

• Risk assessment;
• Revenue assessment; and
• Promoting voluntary compliance.

2. Verification priorities

Targeted verification priorities are determined through a risk-based, evergreen process, meaning that new targets are added throughout the fiscal year. Verification priorities may also be carried over from previous years.

Trade Compliance Verifications – January 2017

A summary of the current targeted priorities can be found below:

As your customs broker, we make every effort to provide you with the right tools and information to ensure that your company is as proactive as possible with the CBSA. We hope this helps to lessen your exposure to any penalties or fines.

Trade Compliance Education

As part of our ongoing efforts, we offer a number of  Trade Compliance Seminars and Webinars all-year-round on trade compliance, customs audits among other subjects like, H.S. Tariff Classification, Free Trade Agreements and Rules of Origin, Canadian Food Inspection Agency (CFIA) and the U.S. Food and Drug Administration (FDA). Visit our upcoming calendar today!  

Trade Compliance Audit Assistance

Should your company be selected for a customs audit, Pacific Customs Brokers can help! Our Certified Trade Compliance Specialists will work with you to guide your business through the audit process and avoid incurring further penalties.  

Trade Advisory Services

Our trade compliance consulting services include but are not limited to:

• Thorough H.S. database review with ongoing updates
• Current industry training and education to review transactions completed by customs brokers thereby minimizing errors
• Experienced counsel on valuation and origins
• Strategic advice on withstanding a customs audit
• Firm support through the challenges of the audit process

For more information about our trade compliance audit services, visit Canada Customs Trade Compliance or please call us! We would love to chat!

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