On 25 May 2021, Release 1 (R1) of the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) project launched. CARM is a multi-year initiative that will transform the collection of duties and taxes for goods imported into Canada.
Under R1 of CARM, the CBSA introduced the CARM Client Portal and some basic functionalities available to importers, exporters, customs brokers, and trade consultants, including the ability to:
- Set up an account and delegate access/authority;
- View account information and make payments electronically via the portal;
- Use self-service tools (i.e., tariff classification tool and duties and taxes estimator); and
- Submit ruling requests and track their status.
Release 2 (R2) is tentatively set for spring of 2022 and will expand on the functionalities of the CARM Client Portal by adding the following features:
- Electronic commercial accounting declarations with the ability to make corrections and adjustments;
- Changes to release-prior-to-payment requirements for bonds;
- Harmonized billing cycles;
- New offsetting options; and
- Electronic management of appeals and compliance actions.
Source Deloitte
