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		<title>Paying Your Duties &#038; Taxes In CARM Release 1</title>
		<link>https://pfcollins.com/paying-your-duties-taxes-in-carm-release-1/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=paying-your-duties-taxes-in-carm-release-1</link>
		
		<dc:creator><![CDATA[Rebecca Price]]></dc:creator>
		<pubDate>Thu, 19 Jan 2023 16:29:00 +0000</pubDate>
				<category><![CDATA[CARM]]></category>
		<category><![CDATA[Import & Export]]></category>
		<category><![CDATA[Duty]]></category>
		<category><![CDATA[Import]]></category>
		<category><![CDATA[Importers]]></category>
		<category><![CDATA[Importing & Exporting]]></category>
		<category><![CDATA[Paying Duties]]></category>
		<category><![CDATA[Release 1]]></category>
		<category><![CDATA[Taxes]]></category>
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					<description><![CDATA[<p>Paying Your Duty &#38; Taxes in CARM Release 1 If you are currently registered in...</p>
<p>The post <a href="https://pfcollins.com/paying-your-duties-taxes-in-carm-release-1/">Paying Your Duties & Taxes In CARM Release 1</a> first appeared on <a href="https://pfcollins.com">PF Collins International Trade Solutions</a>.</p>]]></description>
										<content:encoded><![CDATA[<h2 class="wp-block-heading">Paying Your Duty &amp; Taxes in CARM Release 1</h2>



<p>If you are currently registered in <a href="https://ccp-pcc.cbsa-asfc.cloud-nuage.canada.ca/en/auth/login" data-type="link" data-id="https://ccp-pcc.cbsa-asfc.cloud-nuage.canada.ca/en/auth/login" target="_blank" rel="noreferrer noopener">CBSA’s CARM client portal</a>, you are able to make payments towards your CBSA 15-digit Business Number account. Payments made in the CARM client portal or any other manner should only be made by <strong><a href="#gst-direct" data-type="internal" data-id="#gst-direct">GST Direct</a></strong> or by having a <strong><a href="#rpp-duty-bond" data-type="internal" data-id="#rpp-duty-bond">RPP Duty Bond</a></strong> in place. </p>



<h5 class="wp-block-heading" id="gst-direct">GST Direct</h5>



<p>GST Direct has been arranged via your Customs Broker. Release of goods is secured on your Customs Broker’s Bond. Your Customs Broker will make payment on the Duty, Excise Tax, &amp; SIMA directly to the CBSA and supply you with a monthly statement on the 25th of each month outlining the GST portion. In turn, the Importer will make payment directly to CBSA for the GST amount provided by your Customs Broker. <strong>Payment must be made by the last business day of the same month.</strong></p>



<h5 class="wp-block-heading" id="rpp-duty-bond">RPP Duty Bond</h5>



<p>The Importer has secured their own Release Prior to Payment Duty Bond and arranged with their Customs Broker to utilize the Importer bond to obtain release prior to payment. On the 25th of each month, your Customs Broker will supply you with a monthly statement outlining all Duties &amp; Taxes. In turn, the Importer will make payment directly to CBSA for the total provided by your Customs Broker. <strong>Payment must be received by CBSA by the last business day of each month.</strong></p>


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<h5 class="wp-block-heading">IMPORTANT NOTE</h5>



<ol class="wp-block-list">
<li>If you are on the GST Direct program, do&nbsp;<strong>not</strong>&nbsp;pay the Duty. Pay only the GST outlined on your Customs Broker’s statement provided.</li>



<li>Ignore the Statement of Account (SOA) and amount due shown on the CARM client portal until Release 2 is in effect.&nbsp;</li>
</ol>



<p>The reason for this is that the CARM portal is utilizing the new date parameters that will be in place for CARM R2 (October 2023).  CBSA is still calculating based on the current date parameters until the mandatory date CARM R2 is in effect. CBSA will allocate payments on the Importer’s 15 Digit Business Number based on the Release Prior to Payment (RPP) duty bond declared at the time of release. If the Importer pays outside of these programs, CBSA will not allocate to the Importer’s debt and it will stay as a credit on their account until the Importer makes a request to have it refunded.  Your Customs Broker is still required to make payments to CBSA on the portion released against the Customs Broker’s RPP Duty Bond. <br><br>Once CARM R2 is mandatory, payments and Statement of Account (SOA) in the CARM portal will be accurate.</p>



<p>For more information on Financial Information and Payments, please visit CBSA CARM website by&nbsp;<a href="https://pfcollins.us6.list-manage.com/track/click?u=b519cee9a7488e45a29605405&amp;id=9b80e5fe31&amp;e=fdc462737f" target="_blank" rel="noreferrer noopener">clicking here</a>.&nbsp;</p>
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<div class="wp-block-kadence-infobox kt-info-box4210_6a26ac-db"><span class="kt-blocks-info-box-link-wrap info-box-link kt-blocks-info-box-media-align-left kt-info-halign-left"><div class="kt-blocks-info-box-media-container"><div class="kt-blocks-info-box-media kt-info-media-animate-none"><div class="kadence-info-box-icon-container kt-info-icon-animate-none"><div class="kadence-info-box-icon-inner-container"><span class="kb-svg-icon-wrap kb-svg-icon-fas_hands-helping kt-info-svg-icon"><svg viewBox="0 0 640 512"  fill="currentColor" xmlns="http://www.w3.org/2000/svg"  aria-hidden="true"><path d="M488 192H336v56c0 39.7-32.3 72-72 72s-72-32.3-72-72V126.4l-64.9 39C107.8 176.9 96 197.8 96 220.2v47.3l-80 46.2C.7 322.5-4.6 342.1 4.3 357.4l80 138.6c8.8 15.3 28.4 20.5 43.7 11.7L231.4 448H368c35.3 0 64-28.7 64-64h16c17.7 0 32-14.3 32-32v-64h8c13.3 0 24-10.7 24-24v-48c0-13.3-10.7-24-24-24zm147.7-37.4L555.7 16C546.9.7 527.3-4.5 512 4.3L408.6 64H306.4c-12 0-23.7 3.4-33.9 9.7L239 94.6c-9.4 5.8-15 16.1-15 27.1V248c0 22.1 17.9 40 40 40s40-17.9 40-40v-88h184c30.9 0 56 25.1 56 56v28.5l80-46.2c15.3-8.9 20.5-28.4 11.7-43.7z"/></svg></span></div></div></div></div><div class="kt-infobox-textcontent"><h2 class="kt-blocks-info-box-title">We Can Help</h2><p class="kt-blocks-info-box-text">If you need assistance in registering for CARM (CBSA Assessment &amp; Revenue Management) or would like more information, please contacts us at <a href="mailto:imports@pfcollins.com">carm@pfcollins.com</a> We offer a full range of international trade and logistics services to assist with all your importing and exporting needs. </p></div></span></div>
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<p></p><p>The post <a href="https://pfcollins.com/paying-your-duties-taxes-in-carm-release-1/">Paying Your Duties & Taxes In CARM Release 1</a> first appeared on <a href="https://pfcollins.com">PF Collins International Trade Solutions</a>.</p>]]></content:encoded>
					
		
		
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