Trade Updates2025-04-03T17:17:19+00:00

Trade Updates

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IE Canada Submits Comments to CBSA on the Proposed ‘Last Sale Rule’

July 27th, 2023|Canada Customs, Trade Compliance|

In May 2023, CBSA announced proposed amendments to the Valuation for Duty (VFD) otherwise known as the 'Last Sale Rule'. These amendments face extensive criticism for their perceived unfairness and negative impact on Canadian businesses, prompting multiple associations, including IE Canada, to advocate for a comprehensive review. Read on to find out more.

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