CARM: What all importers need to know about CARM

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Blanket CUSMA/USMCA Origin Declaration renewal reminder

     CUSMA

Don’t forget to get your Blanket CUSMA/USMCA Origin Declarations renewed for 2021.  Or simplify your life by taking advantage of our CUSMA/USMCA Management Service, the fast, easy way to ensure your CUSMA/USMCA Origin Declarations are fully compliant.

This is important because significant AMPS (Administrative Monetary Penalty System) transactional penalties could apply if you make a claim for preferential treatment without a valid CUSMA/USMCA Origin Declaration.  

Get started now by forwarding your 2021 Blanket CUSMA/USMCA Origin Declarations to fta@universallogistics.ca or contact Ivy Woo, Manager – Customs Compliance Resources, for more information.

Quick Tip #57
When Incoterms are incomplete

The shipping term FOB (Free on Board) is incomplete when the port of shipment and country are omitted. Moreover, you could end up paying extra if an incorrect assumption (guess) is made about your port of shipment (many countries have multiple ports of shipment).

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