Canada's Customs Service To Refund Importer, Broker Accounts Electronically Starting Aug. 1
The Canada Border Services Agency (CBSA) will as of Aug. 1 stop issuing reimbursement checks to brokers and importers, and instead electronically apply all refunds to their accounts, offsetting their debts, CBSA said (here). CBSA initiated the accounts receivable ledger…
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Jan. 25, the first phase of the CBSA Assessment and Revenue Management project established to help the agency optimize revenue collection from importers and automate “key business practices,” CBSA said (here).