If you want to import goods into Canada for commercial reasons, you need to keep up with the compliance & regulatory requirements set by the Canada Border Services Agency. The CBSA is in charge of both border control and movement of people and goods. Understanding international trade laws and compliance requirements for importing can be tough, especially for a new importer. That’s exactly where you may consider hiring a customs broker. For the unversed, these brokers can help with customs clearance in Canada, and offer advice on important aspects. Here are some pertinent things worth knowing.
Basic tips for importers
First and foremost, get details of the commodities and goods you want to import. You have to check if the commodity is a regulated one, and if there are items that are prohibited for entry. How long does it take to clear a shipment in Canada? In short, it depends on many factors. It can take anywhere from 30 minutes to many days. Once you share the data with the Canada Border Services Agency (CBSA), an officer will check and take a call on whether the shipment should be accepted or rejected. In some cases, shipments are held back for inspection, for which it will be placed in a bonded warehouse.
So, why do you need a customs broker?
First things first, hiring a customs broker is not mandatory, but more of a choice. Importers work with customs brokers because they don’t want to waste time and effort in understanding the complicated customs process. The basic role of a customs broker is to clear the goods at the port of entry, and they will help with things like classification of goods, tariffs, and duties. They can help in paying the applicable taxes and duties to the CBSA, so that shipments are cleared sooner. They can also guide on duty drawbacks and other aspects.
Get advice on importing
Depending on the service you choose, a customs broker can also double up as your consultant. They can advise on imports, counties of origin, and how international trade laws may apply for your business. They can also ensure that you don’t take unwanted risks, which can be hard to pull off, and as needed, you can seek insight on possible issues that may crop up with certain decisions.
Hiring a reliable customs broker is the best way to get started with importing. You don’t need to be a superman to earn importing profits!