A few words from the CBSA…

•....The Administrative Monetary Penalty System (AMPS) is a penalty
•....regime that will secure compliance with Customs legislation through
•....the application of monetary penalties.

•....Penalties will be graduated and will take the compliance history of
•....the client into consideration.

•....In addition to monetary penalties, non-compliance will have a
•....negative effect on performance records and may include withdrawal
•....of service option privileges. The consequences of non-compliance
•....will be substantial.

Prepare now. TradeSource Plus will review your trading process and prepare your company for AMPS. Whether you opt for a complete compliance review or a monthly review of import entries, we will validate and correct areas of non-compliance. Our process includes a comprehensive review of your import accounting records and Customs Broker's invoices to ensure your declarations to the CBSA are correct. As independent consultants, we will prepare your company for AMPS and ensure your Customs Broker and transportation providers are acting in your best interest.

How the penalties will be administered:

Penalties will be assessed as either a standard fixed rate, or as a percentage of the value for duty. Most penalties will be graduated and continued acts of non-compliance will result in higher penalties for each additional infraction to a maximum of $25,000. Some examples are illustrated below.

1)..."Failure to report" a commercial importation valued at $1600
1)...or greater:

1....1st infraction - $1,000 or 5% of value for duty, whichever is higher
1)...2nd infraction - $2,000 or 10% of value for duty, whichever is higher
....13rd infraction - $3,000 or 20% of value for duty, whichever is higher

2)...Exporter or producer of goods failed to provide officer with
1)...a copy of certificate of origin:

1....1st infraction - $1,000
1....2nd infraction - $2,000
1....3rd and subsequent infractions - $3,000

Being proactive now, will save you time, effort and money later.