CARM: What all importers need to know about CARM

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Terminology

D

Drawback

A refund of duties paid on importation of goods which are further processed and then re-exported.

Quick Tip #37
Recognize that additional costs in today’s market place may not be avoidable

Incorporate an "allowance" for various surcharges when establishing your costing.

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Quick Tip #37
Recognize that additional costs in today’s market place may not be avoidable

Recognize that additional costs in today’s market place may not be avoidable, so incorporate an “allowance” for various surcharges when establishing your costing.

AMPS penalties, storage and demurrage fees, waiting time, customs inspections and exams and fumigation charges all have related costs and will not be avoidable 100% of the time.

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