Guest blog, written by Harmonized Solutions
“All commercial businesses who import goods into Canada need to register to the CARM Client Portal (CCP) before May 2024 to minimize border delays and benefit from the Release Before Payment (RPP) transition period.”
“Specifically, all importers who onboard the CCP before the coming-into-force date in May 2024 will be assigned RPP qualifying status for a 180-day transition period allowing them to adapt to this new model, while ensuring that border disruptions are mitigated. Commercial importers will still be able to obtain release before payment of duties and taxes during the transition period as they proceed to meet the requirement for financial security.”
CARM project has 2 parts that are crucial for importers:
CARM Client Portal (CCP) – this is simply an online portal with login credentials, and your dashboard with the CBSA, where you can review your information and recent transactions (enhanced features and options are planned to be added moving forward).
Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) – this is a restructured release and accounting procedure for imports. Becoming the official system of record, importers will need to obtain their own security bond to carry on benefit from Release Prior to Payment (RPP) program. In addition, it will establish a new electronic document for commercial accounting declarations.
To ensure we can continue to assist in moving your shipments through customs, and prevent you from encountering delays at the border,
With a proactive course, Harmonized Solutions is launching a ‘CARM Client Portal (CCP) onboarding drive’, until the end of the 2023 Calendar year.
During the next 3 weeks, we’ll be available to guide you through the process, and answer any questions you might have,
Harmonized Solutions is a partner with Canadian Tax Compliance.
