CARM: What all importers need to know about CARM

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Terminology

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Anti-Dumping Duty

An additional import duty imposed in instances where imported goods are priced at less than the “normal” price charged in the exporter’s domestic market and cause material injury to domestic industry in the importing country.

Quick Tip #3
How to avoid customs penalties for non-compliance

Sooner or later, your business will be audited by Customs (CBSA) to ensure you have not committed violations that are subject to AMPS (Administrative Monetary Penalty System) penalties.

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