We have an important update from the Canada Border Services Agency (CBSA) regarding the launch of their new CARM (CBSA Assessment and Revenue Management) system. This system is designed to streamline the import process, making it more efficient and transparent. The external launch for Trade Chain Partners (TCPs) has been rescheduled to October 2024, while the internal launch will proceed as planned on May 13, 2024.
Key Points:
1. Rescheduled External Launch: The launch has been moved to October 2024 to ensure a smooth transition. The CBSA wants to ensure all stakeholders are fully prepared, and the system is tested thoroughly.
2. Paper Bond Processing: Importers can still secure Release of Payment (RPP) bonds with the CBSA, which is now accepting paper bonds again. However, expect processing times of over 10 weeks. This delay highlights the importance of planning and preparing for potential slowdowns.
3. Current Systems in Use: Until October, current systems like CCS and CADEX will continue to be used for accounting and payment. This means there will be no immediate disruption to the processes you are familiar with.
4. Transition Measures: The CBSA will communicate details about transition measures closer to the new launch date. This communication will be crucial for understanding how to adapt to the new system.
5. Support and Communication: The CBSA promises ongoing support and will provide more information as we approach the new launch date. They are committed to making this transition as smooth as possible for all involved.
If you have any questions about these changes or need assistance with the RPP bond process, please reach out to BGI Worldwide Logistics at:
800-987-4244.
We are here to help ensure your supply chain operations continue smoothly during this transition. Contact us for more details and support.
Stay informed, and let us assist you in navigating these updates. Thank you for trusting BGI Worldwide Logistics with your logistics needs!
For more details, visit the CBSA’s official update here: https://www.canada.ca/en/border-services-agency/news/2024/05/cbsa-announces-its-new-external-launch-date-for-carm.html.