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Customs Compliance: What you need to know about Customs Compliance
Whether you import or export, Buckland offers a number of professional advisory services that can reduce your costs and help to facilitate the movement of your goods from origin to destination.
From securing the lowest possible duty rate and optimizing your transaction values, to administering comprehensive compliance audits in order to meet the needs of Customs' new informed compliance policies, Buckland can provide the solutions to meet your individual compliance requirements.
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NAFTA 2000: Understanding your legal obligations
Importers and exporters must be aware of their obligations under Customs laws. Non-compliance is becoming costly.
The onus is on the importer and exporter involved in the commercial transaction to meet their legal responsibilities and act with "reasonable care" relative to their business transactions. Customs administrations in both Canada and the United States are taking action to penalize traders who fail to meet the standards of regulatory compliance that have been established in recent years.
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Customs Compliance: What is Customs looking for?
Tariff classification is coming under increasing scrutiny in Customs' efforts to ensure compliance by importers and exporters.
Does this sound familiar? Company ABC imports screws from the U.S. The vendor supplies a NAFTA Certificate of Origin on the screws. The invoice simply states "fasteners" as the description. A Buckland customs analyst accordingly calls the importer and begins asking questions such as: "What kind of fasteners? Are they screws, bolts, or pins? Threaded or non-threaded? Are the made of steel, plastic, or aluminum?" And so on. The importer wonders - "What's going on? The goods are duty free. So who really cares? ...What does it matter?"
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