Posted by Bob Kirke
September 28th, 2023
Earlier this year, the Canada Border Services Agency (CBSA) tabled proposed regulations that would have added major uncertainties to the customs valuation process. In particular, the proposal from CBSA implied that the value for duty calculations might be based on domestic transactions: for example, the wholesale price charged to a retailer by a Canadian wholesaler. In July, the Canadian Apparel Federation (CAF) worked with hundreds of apparel companies across the country to bring the industry’s concerns to CBSA. …