CARM
CBSA Assessment and Revenue Management
CARM
CBSA Assessment and Revenue Management
CARM
CBSA Assessment and Revenue Management
CARM
CBSA Assessment and Revenue Management
CARM
CBSA Assessment and Revenue Management
CARM is coming…don’t worry, we have you covered.
*The CBSA has postponed CARM Release 2 until October 21, 2024*
WHAT IS CARM?
The CBSA Assessment and Revenue Management project, better known as CARM, is a multi-year initiative that will modernize and streamline the process of importing commercial goods into Canada. It will transform the collection of duties and taxes for imported goods and improve consistency in applying trade rules and decisions. The shipment release process will not change; however, importers will be required to post their own financial security in the form of a surety bond, or post a cash deposit in the CARM Client Portal with CBSA and be responsible for paying duties and taxes directly with CBSA.
CARM is coming…don’t worry, we have you covered.
*The CBSA has postponed CARM Release 2 until October 2023*
WHAT IS CARM?
The CBSA Assessment and Revenue Management project, better known as CARM, is a multi-year initiative that will modernize and streamline the process of importing commercial goods into Canada. It will transform the collection of duties and taxes for imported goods and improve consistency in applying trade rules and decisions. The shipment release process will not change; however, importers will be required to post their own financial security in the form of a surety bond, or post a cash deposit in the CARM Client Portal with CBSA and be responsible for paying duties and taxes directly with CBSA.
CARM is coming…don’t worry, we have you covered.
*The CBSA has postponed CARM Release 2 until October 2023*
WHAT IS CARM?
The CBSA Assessment and Revenue Management project, better known as CARM, is a multi-year initiative that will modernize and streamline the process of importing commercial goods into Canada. It will transform the collection of duties and taxes for imported goods and improve consistency in applying trade rules and decisions. The shipment release process will not change; however, importers will be required to post their own financial security in the form of a surety bond, or post a cash deposit in the CARM Client Portal with CBSA and be responsible for paying duties and taxes directly with CBSA.
CARM is coming…don’t worry, we have you covered.
*The CBSA has postponed CARM Release 2 until October 2023*
WHAT IS CARM?
The CBSA Assessment and Revenue Management project, better known as CARM, is a multi-year initiative that will modernize and streamline the process of importing commercial goods into Canada. It will transform the collection of duties and taxes for imported goods and improve consistency in applying trade rules and decisions. The shipment release process will not change; however, importers will be required to post their own financial security in the form of a surety bond, or post a cash deposit in the CARM Client Portal with CBSA and be responsible for paying duties and taxes directly with CBSA.
CARM is coming…don’t worry, we have you covered.
*The CBSA has postponed CARM Release 2 until October 2023*
WHAT IS CARM?
The CBSA Assessment and Revenue Management project, better known as CARM, is a multi-year initiative that will modernize and streamline the process of importing commercial goods into Canada. It will transform the collection of duties and taxes for imported goods and improve consistency in applying trade rules and decisions. The shipment release process will not change; however, importers will be required to post their own financial security in the form of a surety bond, or post a cash deposit in the CARM Client Portal with CBSA and be responsible for paying duties and taxes directly with CBSA.
WHAT IS THE TIMELINE?
CARM is a multi-year project and will be launched in three releases:
CARM Release 0 - January 2021 (Background System Update)
CARM Release 1 - May 25, 2021 (CARM Client Portal - LIVE)
CARM Release 2 - *October 21, 2024 - Tentative (CARM - Full Launch)
WHAT IS THE TIMELINE?
CARM is a multi-year project and will be launched in three releases:
CARM Release 0 - January 2021 (Background System Update)
CARM Release 1 - May 25, 2021 (CARM Client Portal - LIVE)
CARM Release 2 - *October 2023 - Tentative (CARM - Full Launch)
WHAT IS THE TIMELINE?
CARM is a multi-year project and will be launched in three releases:
CARM Release 0 - January 2021 (Background System Update)
CARM Release 1 - May 25, 2021 (CARM Client Portal - LIVE)
CARM Release 2 - *October 2023 - Tentative (CARM - Full Launch)
WHAT IS THE TIMELINE?
CARM is a multi-year project and will be launched in three releases:
CARM Release 0 - January 2021 (Background System Update)
CARM Release 1 - May 25, 2021 (CARM Client Portal - LIVE)
CARM Release 2 - *October 2023 - Tentative (CARM - Full Launch)
WHAT IS THE TIMELINE?
CARM is a multi-year project and will be launched in three releases:
CARM Release 0 - January 2021 (Background System Update)
CARM Release 1 - May 25, 2021 (CARM Client Portal - LIVE)
CARM Release 2 - *October 2023 - Tentative (CARM - Full Launch)
WHAT IS THE CARM CLIENT PORTAL?
WHAT IS THE CARM CLIENT PORTAL?
The CARM Client Portal (CCP) is the central feature of the CARM project. When completely functional, it will become the primary communications interface between the CBSA and its trade chain partners.
At Release 1 (May 25, 2021), the CARM Client Portal is accessible to importers and customs brokers. Users can:
At Release 2 (*October 21, 2024 - Tentative), the CARM Client Portal will have full functionality and be available to all trade chain partners. Users will be able to:
For more information, please see the CBSA CARM Onboarding Portal Guide for Importers:
The CARM Client Portal (CCP) is the central feature of the CARM project. When completely functional, it will become the primary communications interface between the CBSA and its trade chain partners.
At Release 1 (May 25, 2021), the CARM Client Portal is accessible to importers and customs brokers. Users can:
At Release 2 (*October 2023 - Tentative), the CARM Client Portal will have full functionality and be available to all trade chain partners. Users will be able to:
For more information, please see the CBSA CARM Onboarding Portal Guide for Importers presentation:
The CARM Client Portal (CCP) is the central feature of the CARM project. When completely functional, it will become the primary communications interface between the CBSA and its trade chain partners.
At Release 1 (May 25, 2021), the CARM Client Portal is accessible to importers and customs brokers. Users can:
At Release 2 (*October 2023 - Tentative), the CARM Client Portal will have full functionality and be available to all trade chain partners. Users will be able to:
For more information, please see the CBSA CARM Onboarding Portal Guide for Importers presentation:
The CARM Client Portal (CCP) is the central feature of the CARM project. When completely functional, it will become the primary communications interface between the CBSA and its trade chain partners.
At Release 1 (May 25, 2021), the CARM Client Portal is accessible to importers and customs brokers. Users can:
At Release 2 (*October 2023 - Tentative), the CARM Client Portal will have full functionality and be available to all trade chain partners. Users will be able to:
For more information, please see the CBSA CARM Onboarding Portal Guide for Importers presentation:
The CARM Client Portal (CCP) is the central feature of the CARM project. When completely functional, it will become the primary communications interface between the CBSA and its trade chain partners.
At Release 1 (May 25, 2021), the CARM Client Portal is accessible to importers and customs brokers. Users can:
At Release 2 (*October 2023 - Tentative), the CARM Client Portal will have full functionality and be available to all trade chain partners. Users will be able to:
For more information, please see the CBSA CARM Onboarding Portal Guide for Importers presentation:
WHAT IS DELEGATION OF AUTHORITY?
As of Release 1, importers can delegate portal access to employees and third-party service providers, allowing them to manage commercial import accounting activity on behalf of the importer. Customs brokers and trade consultants can request access to their importer client portal accounts.
WHAT IS DELEGATION OF AUTHORITY?
As of Release 1, importers can delegate portal access to employees and third-party service providers, allowing them to manage commercial import accounting activity on behalf of the importer. Customs brokers and trade consultants can request access to their importer client portal accounts.
WHAT IS DELEGATION OF AUTHORITY?
As of Release 1, importers can delegate portal access to employees and third-party service providers, allowing them to manage commercial import accounting activity on behalf of the importer. Customs brokers and trade consultants can request access to their importer client portal accounts.
WHAT IS DELEGATION OF AUTHORITY?
As of Release 1, importers can delegate portal access to employees and third-party service providers, allowing them to manage commercial import accounting activity on behalf of the importer. Customs brokers and trade consultants can request access to their importer client portal accounts.
WHAT IS DELEGATION OF AUTHORITY?
As of Release 1, importers can delegate portal access to employees and third-party service providers, allowing them to manage commercial import accounting activity on behalf of the importer. Customs brokers and trade consultants can request access to their importer client portal accounts.
HOW DOES RELEASE PRIOR TO PAYMENT (RPP) CHANGE?
As of Release 2, importers must post security using their own surety bond or cash security to participate in the Release Prior to Payment (RPP) program. They will no longer be able to use their customs broker’s RPP security to clear shipments and receive Release Prior to Payment privileges.
HOW DOES RELEASE PRIOR TO PAYMENT (RPP) CHANGE?
As of Release 2, importers must post security using their own surety bond or cash security to participate in the Release Prior to Payment (RPP) program. They will no longer be able to use their customs broker’s RPP security to clear shipments and receive Release Prior to Payment privileges.
HOW DOES RELEASE PRIOR TO PAYMENT (RPP) CHANGE?
As of Release 2, importers must post security using their own surety bond or cash security to participate in the Release Prior to Payment (RPP) program. They will no longer be able to use their customs broker’s RPP security to clear shipments and receive Release Prior to Payment privileges.
HOW DOES RELEASE PRIOR TO PAYMENT (RPP) CHANGE?
As of Release 2, importers must post security using their own surety bond or cash security to participate in the Release Prior to Payment (RPP) program. They will no longer be able to use their customs broker’s RPP security to clear shipments and receive Release Prior to Payment privileges.
HOW DOES RELEASE PRIOR TO PAYMENT (RPP) CHANGE?
As of Release 2, importers must post security using their own surety bond or cash security to participate in the Release Prior to Payment (RPP) program. They will no longer be able to use their customs broker’s RPP security to clear shipments and receive Release Prior to Payment privileges.
KEY POINTS TO KEEP IN MIND
KEY POINTS TO KEEP IN MIND
KEY POINTS TO KEEP IN MIND
KEY POINTS TO KEEP IN MIND
KEY POINTS TO KEEP IN MIND
If you are a J.B. Ellis & Co. client - Don’t worry. We have you covered.
If you are not, hit the button below to learn more about how CARM will affect your business and how J.B. Ellis & Co. can help.
If you are a J.B. Ellis & Co. client - Don’t worry. We have you covered.
If you are not, hit the button below to learn more about how CARM will affect your business and how J.B. Ellis & Co. can help.
If you are a J.B. Ellis & Co. client - Don’t worry. We have you covered.
If you are not, hit the button below to learn more about how CARM will affect your business and how J.B. Ellis & Co. can help.
© J.B. Ellis & Co. Ltd. All rights are reserved