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CARM SYSTEM
The Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) is a new system that is being implemented to replace the current revenue and cash management systems used by the CBSA. The CARM project aims to modernize the way that the CBSA manages the collection of duties, taxes, and fees on imported goods and to improve the accuracy and efficiency of revenue assessments and collections.
Purpose of Implementing CARM System：
Streamline the payment process: Electronic invoicing will reduce paperwork and make it easier for importers and brokers to receive and pay CBSA invoices.
Provide self-service tools: A web portal will allow importers and brokers to access their account information, dispute assessments, and request refunds, which will improve the customer experience and reduce the workload for CBSA staff.
Enhance compliance measures: The CARM system will allow the CBSA to better monitor compliance with customs regulations and detect and address non-compliance more efficiently.
Improve risk assessment: The CARM system will enable the CBSA to better identify high-risk shipments and target enforcement actions accordingly, which will enhance border security.
Replace outdated systems: The CARM system will replace several existing systems, including the Current Account Receivable Ledger (CARL) and the Accounts Receivable Ledger (ARL), which are outdated and do not meet modern business requirements.
CARM Current Timeline
CARM Release 1: May 25, 2021
Release 1 launched the CARM Client Portal, a self-service tool that will facilitate accounting and revenue management processes with the CBSA.
The CARM Client Portal is available to importers and brokers, as well as trade consultants who currently submit rulings on behalf of importers. Those who have onboarded to the portal are able to view their transactions and statements of account, request a ruling and pay invoices with new electronic payment options.
CARM Release 2: Oct 2024
Release 2 will expand the functionalities of the CARM Client Portal by adding:
electronic commercial accounting declarations with ability for corrections and adjustments
new requirements related to the Release Prior to Payment (RPP) program
harmonized billing cycles
new offsetting options
electronic management of appeals and compliance actions
Key changes brought by CARM (Benefit from RPP)
Release Prior to Payment privilege(RPP) allows the importer the release of shipments before the final accounting and defer payment of duties and taxes to the monthly summary payment according to CBSA’s billing cycle.
Once CARM is fully implemented in Release 2, all importers will be required to post their own security in order to benefit from RPP program by way of a bond or cash deposit. Importers will no longer to use a broker’s bond for their imports into Canada. Without importer account security, a cash payment will be required for the release of goods.
What should we do right now as the importer?
Register your business on CARM portal.
CBSA requires all importers and related parties to register their business on the CARM portal before Release 2. The guideline of how to register on CARM portal will also be provided both in PDF version and in the YouTube video with Link below:
https://www.youtube.com/watch?v=wMbCU0pW5r8
Delegate Valueway as your customs broker/Service Provider
Once you have registered the business account on the CARM portal, you will also need to delegate 3rd party broker/service provider on the portal to help you manage customs related business. You can also find the instruction both in PDF version and in the Video with link below:
https://www.youtube.com/watch?v=plzjqkwA0wE&t=167s
Purchase customs bond through Valueway or other surety company before Release 2.
The most convenient method of processing payment after Release 2 is to purchase the customs bond, in order to benefit from the RPP program. CBSA has not yet coordinated with the related surety company on CARM bond, but you may get prepared before R2 and we will also update more useful resources once available.
*For detailed Bond knowledge and other method of payments, please do not hesitate to consulate our brokerage team.
Useful Resources：
CBSA CARM Client Portal
https://ccp-pcc.cbsa-asfc.cloud-nuage.canada.ca/en/homepage
CARM Related Webinars（Held every month）
Please consult our brokerage team if you are interested in join the monthly webinars related to CARM
Official CBSA CARM onboarding documentation
https://ccp-pcc.cbsa-asfc.cloud-nuage.canada.ca/en/onboarding-documentation
CARM REGISTRATION GUIDELINE (CBSA YOUTUBE OFFICIAL)
https://www.youtube.com/watch?v=wMbCU0pW5r8
Contact our brokerage team for more CARM Related questions:
Valueway Global Logistics – brokerage department
Email: broker@valueway.ca
Tel: 416-297-8333
Direct Line: 416-855-2796
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