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Customs Notice 15-001: Treatment of Downward Price Adjustments in Value for Duty Calculations

Posted January 20, 2015

Under Canadian Customs Issues

(CBSA)

On March 21, 2014, the Canadian International Trade Tribunal (CITT) rendered its decision in Appeal No. AP-2012-067, Hudson’s Bay Company v. President of the Canada Border Services Agency, concerning the treatment of rebates made after importation.

The CITT ruled that a price reduction made after importation is not addressed by the Customs Act if it results from an agreement to reduce the price that was in effect at time of importation.

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