Canadian Customs Broker Blog | Page 44 | Clearit.ca

New Rules: Cross Border Shopping

Today marks a new chapter in our relationship with U.S. Retailers. New rules governing the amount of money Canadians are allowed to spend south of the border goes into effect today.  In most cases, the increases are substantial. whereas an over night stay in the U.S. allowed for up to $50.00 CAD worth of merchandise Duty free, Canadians are now able to return with up to $200.00 CAD in goods. The limit has double for those staying between 2-7 d...

Why Import?

You may ask yourself: Why import my products when i can find them at a local supplier? but... why not?  As a business owner, you should constantly be looking at ways to better your product or service while trying to positively affect your bottom line. One way to do this is to expand your purchasing horizon. Although it may require more effort, importing products from outside of Canada rather then buying directly from domestic suppliers can repr...

You’ve Purchased Something in the US – Now What?

We get a lot of phone calls and emails from businesses who have just made a purchase in the US and want to know the next step.  Whether you are importing T-Shirts, Lawn Furniture, printing press etc. You will need to clear your shipment through customs and the easiest way to do this is with Clearit.ca.  As your customs broker, we will declare your shipment to customs, and pay the applicable duties and taxes to Canada Border Services Agency (CBS...

Import Penalties

Import Penalties & How to Avoid them While it may seem like no big deal to a new company just entering the import business, Incorrectly classifying goods can cause major problems and cost you more money the you might expect. If not spotted on time, these import penalties can compound and lead to even greater loss by overpaid duty that is not recoverable or fines for underpaid Duty. Working with a Customs Broker does not guarantee zero ...

What is a Customs Bond?

One of the most asked about topics this month from our “ask your broker” section has been customs bonds. The following is a short overview as to what a customs bond is and how it can help you. A customs bond is similar to an insurance policy in that it guarantees payment of duties and fees on goods brought into Canada; it may also grantee the customs broker's performance, knowledge and expertise in customs clearance and ensures that regulat...