What is a B3 used for in customs?

What is a B3 used for in customs?

Form B3, Canada Customs Coding Form 3. This form is a customs document used to account for imported goods, regardless of value, destined for commercial use in Canada according to sections 6 and 7 of the Accounting for Imported Goods and Payment of Duties Regulations (SOR/86-1062). 5.

What is a B3 CBSA?

The B3-3, or more commonly known as the B3, is a Canada Customs Coding Form that the Canada Border Services Agency (CBSA) uses for this purpose. When properly completed, the B3 contains all the information that will assist the CBSA to release the shipment. You can find a blank B3 here. Each field is numbered from 1-51.

What is cadex CBSA?

CADEX is a proprietary message-formatting standard. It allows importers and customs brokers to file an electronic Form B3-3, Canada Customs Coding Form. CADEX participants can file directly to us, or through a third-party service provider.

What is K84 CBSA?

The daily and monthly importer/customs broker account statements (K84) are generated by the CBSA office where the Form B3 was received. K84s will be redirected to CBSA central payment offices. The K84s may be picked up at the payment office on a daily basis.

What is a V type entry for CBSA?

The CBSA has provided information to clarify the duty rates used on B3 types V and H. B3 type V is used to voluntarily declare goods that were delivered without official customs release. The date of direct shipment (Field no. 16) equals the date of presentation for exchange purposes.

What is Sima code?

SIMA codes are two-digit numbers. The first digit is from 1 to 5 and represents the type of assessment (see Chart 1 below). The second digit is from 0 to 2 and represents the form of payment (see Chart 2 below).

What does VFD stand for in customs?

Value for Duty (V.F.D.) – Value of imports before the addition of insurance and freight costs. The V.F.D. value equates approximately to F.O.B. value of goods in the exporting country.

What is an RM number?

An importer number–aka your business number, GST number, or ‘RM’ number–is required to import into Canada. 45 million parcels and pallets enter Canada each year, and to keep track of all that cargo, Customs uses your business number (or ‘importer number’) for identification and compliance.

What is a B15 CBSA?

When the vehicle and any related goods arrive in Canada, you must account for them in writing at the CBSA office where the release of the vehicle/goods will be requested. A Form B15 or B15-1 Casual Goods Accounting Document will be completed by the CBSA on your behalf at the CBSA office when you clear your vehicle.

What is form BSF715?

Form BSF715 or BSF715-1 is to be used whenever a border services officer has to prepare an accounting document for a casual importer. The document indicates the duty and taxes applicable.

What is a CBSA C6?

Form C6, Permission for Special Purposes The Regional Director General of CBSA may authorize a Form C6 in certain cases, such as to allow an importer or customs broker to open a parcel in a warehouse to get documents that are needed to release goods.

What is the purpose of SIMA?

The Special Import Measures Act, commonly referred to as SIMA , provides protection to Canadian producers who are being harmed by the dumping or subsidizing of goods imported into Canada. The CBSA and the Canadian International Trade Tribunal (Tribunal) are responsible for its administration.

How are SIMA duties calculated?

Calculating countervailing duty The countervailing duty is equal to the amount of subsidy on the product. If imported goods are subject to countervailing duties, there is always an amount payable.

What is VFD CBSA?

1. The value for duty (VFD) of all goods imported into Canada must be established in accordance with the provisions set out in sections 44 to 55 of the Customs Act (the Act).