Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Canada customs offers grace period for disclosing unreported exports transiting through US

byCustoms Today Report
01/12/2015
in Uncategorized
Share on FacebookShare on Twitter

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

OTTAWA: The Canada Border Services Agency (CBSA) says it has come to its attention that a large number of businesses have been exporting goods to Mexico and other countries, transiting through the U.S. in the highway mode, without declaring them to the Agency.
Goods transiting through the U.S. to a subsequent destination for consumption must be reported on an export declaration. Because the ultimate destination of the goods is a country other than the U.S., they must be reported if their value is CAN$2,000 or more.
In addition, if the goods are controlled, other than by a General Export Permit, the appropriate permit/licence/certificate and an export declaration must be presented to the CBSA before the exportation, regardless of the value of the goods.
The CBSA issued a Customs Notice to advise exporters of a grace period for voluntarily disclosing undeclared exports that should have been reported.
The Agency is offering a six-month grace period, from December 1, 2015 to June 1, 2016, to companies who wish to voluntarily disclose exported shipments that transited through the U.S. prior to the issuance of the customs notice that should have been reported, but were not. Companies that report eligible unreported goods will not be penalized. See the notice for full information and conditions.
Once the grace period expires, compliance verification activities will be conducted by the CBSA and penalties may be issued for failure to report exported goods.

Tags: Canada customs offers grace period for disclosing unreported exports transiting through US

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

Cuba, Uruguay ratify interest in strengthening bilateral bonds

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.