Customs Roundup November 23, 2022: news and views from the world of Customs
Customs, compliance and trade regulations are dynamic and always on the move, just like your goods. These roundups intend to bring you the latest in news from the worlds of Canadian and U.S. Customs so you can get the information you need to keep your goods moving seamlessly.
Supply chain and your FTA: do your goods qualify?
It's always a good idea to regularly check in with your vendors to make sure your goods still qualify for the applicable Free Trade Agreement (FTA).
Reminder: File transfer pricing adjustments early
A reminder to file transfer pricing adjustments as soon as possible after your fiscal year-end.
3 common knowledge gaps when importing to Canada
Knowledge gap #1: Participating Government Agency (PGA) requirements There are numerous PGAs that regulate goods being imported into Canada. One such PGA, Environment and Climate Change Canada (ECCC), has recently implemented more stringent requirements on the importation of engines for emission standards.
Customs basics: documentation and declaration
Although documentation and declaration are fundamentals for importers, the requirements are anything but simple.
5 logistics essentials for retail companies
The entire world is adapting to the new and shifting realities of the coronavirus pandemic—including retail businesses.