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Imports Valuation

ArentFox Schiff

As the (Customs and Trade) World Turns - April 2024

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Welcome to the April 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more

Torres Trade Law, PLLC

Breaking News: Claus’s Customs Compliance is Naughty

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Importing merchandise into the United States can be a tricky process for even magical folk. There are a variety laws and regulations enforced by U.S. Customs and Border Protection (“CBP” or “Customs”), and violations can lead...more

Bennett Jones LLP

CBSA Proposes "Last Sale" Rule for Customs Valuation

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The Canada Border Services Agency (CBSA) is proposing to fundamentally change Canadian customs valuation rules in draft amendments to the Valuation for Duty Regulations, (SOR/86-792) (VFD Regulations) published on May 27,...more

Blake, Cassels & Graydon LLP

The CBSA Publishes its July Audit Priorities List

The Canada Border Services Agency (CBSA) regularly conducts audits or “verifications” of importers, to assess compliance with Canada’s customs laws. Such verifications could result in additional duties, GST and/or other...more

Bennett Jones LLP

CBSA Proposes Far-Reaching Changes to Canadian Customs Valuation Law

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Profound changes to the Valuation for Duty Regulations are on the horizon. We previously alerted readers that the federal government of Canada had included a number of provisions in its 2021 budget that would impact...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2020 #2

The Drop in Oil was Perhaps the ‘Final Straw’ for U.S. Credit Markets, Strategist Says - "The credit market is sensitive to moves in oil because a 'very large portion' of high-yield bonds in America are issued by...more

Bennett Jones LLP

CBSA Publishes Update of Trade Verification Priorities: Are You Ready?

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The Canada Border Services Agency (CBSA) updated its online statement of its current trade verification (audit) priorities in July 2019. Importers of goods targeted for verification would be wise to ensure that they have...more

Dechert LLP

More Tariffs: New Tariffs Target Chinese Imports

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The U.S. Trade Representative (USTR) announced 25% tariffs on Chinese goods on June 15, targeting industrial goods that amount to roughly US$34 billion in annual exports to the United States, with a review underway for an...more

Bennett Jones LLP

CBSA Updates its 2015 Trade Verification/Audit Targets

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This month, the Canada Border Services Agency (CBSA) updated its customs compliance verification priorities for 2015. Trade program verifications of tariff classification, customs valuation and origin are not limited to...more

Bennett Jones LLP

Multi-nationals Beware! Customs Evidentiary Burden of Proof

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On January 4, 2013, the federal Canadian tribunal with appellate jurisdiction relating to customs valuation, among other subjects, schooled multi-nationals on their obligations to meet the evidentiary burden of proof relating...more

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