Canada Customs Official Lays Out Changes for de Minimis
While the changes to de minimis for Canada and Mexico have been heavily discussed, Doug Band, the Canada Border Services Agency's director general of trade and anti-dumping, directed traders to the revisions' finer points during a CBP Virtual Trade Week seminar on the USMCA, known as CUSMA in Canada.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Band told listeners on the Sept. 8 webinar that all Customs changes are available online at “CUSMA: What importers need to know.” For instance, while the de minimis for value-added taxes goes to $40 Canadian and to $150 Canadian for customs duties, that applies only to shipments by courier, not by mail.
For informal entries, the new threshold is $3,300 Canadian, and those shipments don't have to prove rule of origin (though importers still must maintain invoice records). Importers -- even nonresident U.S. importers -- can wait until the 24th day of the month after the month of release to account for the goods. (Invoice data is required to release the commercial goods). Band warned that breaking up shipments into many entries so that each entry is eligible for de minimis will not be tolerated.