CARM: What all importers need to know about CARM

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U.S. duty reductions renewed

     U.S. - Canada Trade

The U.S. Generalized System of Preferences (GSP), which expired on July 31, 2013, has been renewed by the U.S. government for a period ending December 31, 2017.  The GSP renewal also extends duty reductions retroactively on any duties paid on GSP-eligible merchandise imported from August 2, 2013 to July 28, 2015.

Most importers eligible for refunds will automatically receive refunds from U.S. Customs.

For more information, contact Brian Rowe, General Manager – Customs Consulting Services.

Quick Tip #46
Issue Express Bills of Lading instead of Originals and avoid delays and unnecessary costs

Original Bills of Lading are a good way to ensure immediate payment of your merchandise on shipments where you do not have an established credit arrangement with your client.

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