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ARTICLE · 22 SEPTEMBER 1998

Reduction of Canadian Customs Duties

CanadaCorporate/Commercial Law

With the global trend towards free trade, open borders and "just in time" sourcing within many business operations, Revenue Canada is moving to facilitate faster and simpler customs clearance in a number of ways, including tariff simplification and electronic transmission of customs documents. Given the greater reliance on the Canadian importer's customs declaration and "self-policing", the more diligent application of the custom penalty regimes are a natural result. Whether your organization handles its own customs documentation, or uses a broker, cross-border operations should be kept under review to ensure that physical delays and financial penalties are kept to a minimum.

Some Common Compliance Errors

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