LAW 724 Lecture Notes - Lecture 6: Canada Border Services Agency, Harmonized System, Customs Valuation
30 Nov 2018
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Document Summary
Customs act, 1985: primary federal legislation concerning for the administration and enforcement of laws relating to imports and exports of goods. It provides rules on calculating duties and reporting documentation. It gives border service officers authority to examine, search, detain and seize goods. Implementation of gatt tariff obligations: contains the details of the harmonized system (hs) of tariff classification, determines tariff rate. Export and import permits act, 1985: control lists, permits and certificates, etc. Incorporates wto provisions concerning dumping ad subsidies: helps to protect canadian industry from injury caused by dumping and subsidization of imported goods. Bills of landing: the contract between the shipper and the carrier (name of the shipper, consignee, mode of transportation; description of goods; weight; terms of payment: note: ocean bill of lading can be negotiable! (see lecture 8) Identify the vendor and the purchaser, consignee or importer. Step 2: release of goods: the cbsa makes a decision either to release or to refer the goods.
