The Treasury Board Secretariat has approved the Canada Border Services Agency’s (CBSA) Assessment and Revenue Management (CARM) Regulatory package that has been published in Canada Gazette part II. This package is in preparation for the CARM project release on May 13, 2024.
What Updates Pertain to Trade Chain Partner
- Electronic self-service access to the CARM Client Portal (CCP)
- Ability to provide the CBSA with:
- Electronic security deposit or
- Electronic confirmation that they have security to meet requirements under the Customs Act.
- Simplify billing cycles and payment due dates.
CARM is a major transformation initiative to modernize CBSA’s systems and business processes used to assess and collect duties on imported goods. For more information, please contact your Mohawk Global Representative.
By Clarissa Chiclana
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