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ARTICLE · 19 JANUARY 2017

CBSA Announces 2017 Trade Verification Priorities

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As has become its customary practice at this time of the year, the Canada Border Services Agency (CBSA) has published its trade verification (audit) priorities for the coming year.

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As has become its customary practice at this time of the year, the Canada Border Services Agency (CBSA) has published its trade verification (audit) priorities for the coming year. The audits will cover three programs that impact individually and collectively on the amount of duties and Goods and Services Taxes (GST) importers pay: tariff classification, customs valuation, and origin. The rate of duty applicable to imported goods is derived from their tariff classification, that is the description of the category of goods within which they fall as set out in the applicable schedule of the Customs Tariff, and their origin, that is the tariff preference applicable based on the application of rules of origin. Customs valuation relates to the base of appraisal of their value. Duties are calculated by multiplying the tariff rate by the value for duty. GST applicable at the border is based on the duty paid value of the imported goods, that is the sum of the value for duty and

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