Duties Relief Program
What is This Program?
The Duties Relief Program is a program run by the Canada Border Services Agency (CBSA).
This program is available to importers into Canada who can relieve themselves of the customs duties payment at the time of importation.
This relief is on imported goods that you will eventually export either in the same condition or after being consumed, expended or used in the processing of other goods.
As a result, under this program, you only pay the duties on your goods at a later date, after you have used them or exported them.
Instead of when they first arrived in Canada.
Why Might This Program Interest Me?
In two words, cash flow.
For many, the drawback process is used to recover the customs duties originally paid on goods that are exported out of the country.
This could take many months or, in some cases, over a year for you to recover your money.
However, with this program, instead of paying the duties upfront upon the arrival of your goods, you only pay the duties when you use them or export them.
How the Program Works
Participation in this program requires approval from the CBSA.
Once approved, you simply file a "Customs Duties Owed" monthly report to the government.
In order to minimize the time to obtain your approval and begin realizing the cash flow benefits of this program, based on our experiences, we recommend the following approach:
- Internal Systems GAP Analysis
- Mock CBSA Assessment Test
- Complete & Submit Duties Relief Program Application
- CBSA On-Site Validation Support
- Post Approval Monthly Reporting Verification to CBSA
The Dominion Approach
We have assisted many companies in successfully incorporating this program into their business operation.
Whether you are evaluating participating in this program or have already started the process and are in need of some assistance to complete the process, our team can help.
We will arrange a complimentary, no obligation meeting with you and your team to review where you are in the process, share our experiences with you, and discuss next steps.
Based on your needs, we can help you develop your program from the ground up and assist you with a specific portion of the application process, or we can file your monthly customs duties diversion report to the CBSA on your behalf once you are approved.
You decide how best to leverage our Customs Compliance Department resources.
