{"id":4975,"date":"2021-04-05T12:07:38","date_gmt":"2021-04-05T16:07:38","guid":{"rendered":"https:\/\/clearit.ca\/canadian-customs-broker-blog\/?p=4975"},"modified":"2021-04-05T12:07:38","modified_gmt":"2021-04-05T16:07:38","slug":"importers-carm","status":"publish","type":"post","link":"https:\/\/clearit.ca\/canadian-customs-broker-blog\/importers-carm\/","title":{"rendered":"What Importers Need to Know About CARM"},"content":{"rendered":"

Those that work in global trade, specifically in Canada, may be aware of the CBSA Assessment and Revenue Management Project (CARM). It is a multi-year initiative kicked off by CBSA intended to fully transform and improve the importation process – benefiting both importers and CBSA officers.\u00a0<\/span><\/p>\n

CBSA is one of the highest revenue collecting government agencies in Canada, second to the CRA. This makes CBSA central to the health of the Canadian economy at large. As such, CARM is an incredibly important project to maintain Canada\u2019s competitive advantage in the global trade ecosystem.<\/p>\n

\u201cCBSA ensures Canada\u2019s security and prosperity by facilitating and overseeing international travel and trade across Canada\u2019s border. The Agency\u2019s legislative, regulatory and partnership responsibilities include the collection of applicable duties and taxes on imported goods. In addition to duties and taxes, the Agency also collects other fees and penalties as well as revenue on behalf of other government departments.\u201d – <\/span><\/i>Audit of Revenue Collected by the CBSA<\/i><\/a>.\u00a0<\/i><\/strong><\/span><\/p><\/blockquote>\n

In essence, CARM is a highly significant project, designed to streamline the collection of commercial revenue through electronic payment and document collection through a centralized platform.<\/p>\n

\"CARM<\/p>\n

So, when will CARM be available?\u00a0<\/b><\/h2>\n

CARM will be implemented in a series of scheduled product releases.<\/p>\n

The 3-phased release schedule has already begun! In January 2021, the ARL system was moved from its original data configuration, to a more robust system. This is more of an internal IT change and external users would not have noticed this.<\/p>\n

On <\/span>May 25, 2021<\/b>, the CARM client portal will become available. It\u2019s a self-service tool that helps importers submit documents and payments more easily.\u00a0<\/span><\/p>\n

The final stage, slated for Spring 2022, will expand and develop upon the features of CARM\u2019s client portal.<\/p>\n

What are the benefits of CARM?\u00a0<\/b><\/h2>\n