The Transaction Value Method is the primary Valuation method used by CBSA. Here are the three criteria that must be fulfilled to qualify for the TVM on your imported goods into Canada.
Do you have Reason to Believe that the information in your import declaration is incorrect? Read on to learn about what you can do when this happens.
Did you know there is a loophole that currently enables some non-resident importers (NRIs) to value their goods at a lower price than most Canadian/domestic importers? The government and CBSA are gearing up to mitigate this with new measures and CBSA is currently seeking public input regarding these measures announced in Budget 2021. Find out all the details here.