CBSA Assessment and
Revenue Management (CARM)
How does CARM impact importers?
CARM Client Portal (CCP)
CCP registration is now available and importers will need to be registered prior to CARM release 2. Please note that this will be mandatory. Failure to register will prevent customs release of your goods at the border. Contact us for assistance with the registration process.
Through the CARM Client Portal, importers and delegated service providers will have the ability to manage a variety of customs processes.
You’ll be able to:
- manage CBSA notices
- view transactions and the monthly statement of account
- electronically pay your customs duties, taxes, and fees directly to CBSA
- apply for customs rulings
- apply for temporary import permits
- work with Commercial Accounting Declarations (CAD)
- make individual corrections and prepare mass adjustments to a CAD
CARM changes the customs landscape for importers, requiring a shift in the management of trade information into a new CCP environment. CARM does include delegation to your customs broker, however, the monitoring of Customs Declarations and some functions may need to be handled by your internal operations.
Payments and account management
- Under CARM, importers are responsible for paying CBSA directly for duties and taxes.
- Payments are required within specific timelines, which may differ from your current payment timelines with your customs broker.
- Most commercial importers will be required to secure a surety bond to indemnify CBSA relating to the payment of duty and taxes to CBSA.
- The bond amount will be based on the importer’s highest level of monthly duties, taxes, and CBSA fees (including GST) for a single month, from their past 12-month history.
- The minimum bond level required to be allocated to each BN15 will be $25,000 and the maximum bond will be $10 million.
- For any importers exceeding the minimum bond threshold, CBSA has proposed a bond equal to 50% of the highest monthly duties, taxes, and fees (including GST) for a single month, from their past 12-month history.
For example: if the highest monthly payable to CBSA is $200,000, the bond amount will be $100,000. If the highest monthly payable is $80,000 then the importer will need a $40,000 bond.
CARM does not offer the customs release process. Customs release will still be done by customs brokers and customs authorized couriers in the same manner as it is done today, however, importers must have their financial security in place for release prior to payment privileges (RPP) in CARM.
The development and release of this new program is on a very rapid timeline. Although design and policy have not yet been finalized by CBSA, the agency has released information about many of CARM’s upcoming features, requirements, and functions.
Keep in mind these may be subject to some change before the full program launches. Please visit this site regularly or subscribe to our CARM Updates.