CBSA Notes High Number of Overdue Transactions
There's a high volume of transaction numbers with an overdue status, the Canada Border Services Agency said in a July 15 email. "This indicates that some clients with release prior to payment privileges have submitted an interim accounting to obtain…
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release of their goods but have not submitted the final accounting B3 nor submitted payment to CBSA," it said. Importers are responsible to ensure the final accounting documentation is provided, CBSA said. "Importers that do not account for overdue releases are deemed non-compliant and will be assessed duties, taxes, interest and penalties, and may also be subject to exam and/or verification," it said.