T HE F INAL WORD ON CUSMA 2 T HE F INAL WORD ON CUSMA We - - PowerPoint PPT Presentation

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T HE F INAL WORD ON CUSMA 2 T HE F INAL WORD ON CUSMA We - - PowerPoint PPT Presentation

T HE F INAL WORD ON CUSMA 2 T HE F INAL WORD ON CUSMA We lc ome & Intr oduc tions Ag e nda T he impo rta nt c ha ng e s in CUSMA fro m NAF T A Ho w to minimize impo rte r risk tra nsitio ning fro m NAF T A


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SLIDE 1

T HE F INAL WORD ON CUSMA

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SLIDE 2

T HE F INAL WORD ON CUSMA

2

We lc ome & Intr

  • duc tions

 Ag e nda

 T

he impo rta nt c ha ng e s in CUSMA fro m NAF T A

 Ho w to minimize impo rte r risk tra nsitio ning fro m NAF

T A to CUSMA

 De ta ils surro unding De Minimis to suppo rt yo ur e -c o mme rc e b usine ss  Ho w to pla n fo r the imme dia te & lo ng -te rm unc e rta inty surro unding CUSMA q ua lific a tio n

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SLIDE 3

CUSMA INT RODUCT ION

3

T hr e e Offic ial T itle s

1.

CUSMA (CA)

2.

USMCA (USA)

3.

T

  • ME

C (MX)

E ntr y into for c e on July 1st, 2020

As of July 1st, NAF T A le gislation & c e r tific ate will no longe r be applic able

 E

xample Sc e nar io s

A shipme nt le a ving the USA o n June 30th a nd c ro ssing the b o rd e r/ c usto ms c le a re d o n July 1st

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SLIDE 4

CUSMA KE Y CHANGE S

4

T he r e ar e 4 ke y c hange s to highlight

1.

Re visio ns to rule s o f o rig in & De Minimis pe rc e nta g e inc re a se

2.

Ne w c e rtific a tio n o f o rig in re q uire me nts

3.

L

  • w Va lue Shipme nt thre sho ld inc re a se in Ca na d a

4.

De Minimis va lue thre sho ld to impo rt g o o d s witho ut d uty & ta x into Ca na d a

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SLIDE 5

RUL E S OF ORIGIN

5

Major c hange s to Rule s of Or igin impac ting pr

  • duc t c ate gor

ie s ;

Auto mo tive

Ag ric ulture

Appa re l

Che mic a ls

He a lthc a re Pro d uc ts

* E xample - HS He a d ing 3209 - Pa ints NAF T A

A c ha ng e to he a d ing 32.08 thro ug h 32.10 is a llo we d fro m a ny he ading o utsid e tha t g ro up.

CUSMA

A c ha ng e to he a d ing 32.07 thro ug h 32.15 is o nly a llo we d fro m any othe r

c hapte r

  • f the c usto ms ta riff.
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SLIDE 6

RUL E S OF ORIGIN

6

De Minimis inc r e ase d fr

  • m 7% to 10%

Ne w r e quir e me nts for the te xtile industr y (Chapte r s note s 61 & 62)

Se wing T hre a d - Po c ke t Ba g F a b ric - Na rro w E la stic – Co a te d F a b ric

Ma nufa c ture d in CUSMA

Into e ffe c t 12 to 30 mo nths a fte r e ntry into fo rc e

De Minimis inc re a se (b y we ig ht)

T PL s

L e ve ls Re duc e d fo r US I mpo rts

L e ve ls I nc re a se d fo r US E xpo rts to Ca na da

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SLIDE 7

CE RT IF ICAT ION OF ORIGIN

7

T he Ce r tific ation of Or igin doe s not have a spe c ific for m or te mplate

Omnitra ns ha s c re a te d a n e a sy to use te mpla te whic h we will c irc ula te

Re q uire d info rma tio n c o uld b e a d d e d to shipme nt d o c ume nta tio n pa c ka g e

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SLIDE 8

CE RT IF ICAT ION OF ORIGIN

8

Ce rtific a te of Orig in must inc lude ;

1.

E xpo rte r Na me a nd Addre ss

2.

Pro duc e r na me a nd a ddre ss (ma y sta te a va ila b le upo n re q ue st)

3.

I mpo rte r - I f kno wn, impo rte r na me a nd a ddre ss

4.

De sc riptio n a nd HS ta riff c la ssific a tio n - De sc riptio n o f the g o o ds a nd the 6-dig it le ve l HS Co de s

5.

Orig in Crite ria a s se t o ut in Artic le 4.2

6.

Co untry o f o rig in

7.

Bla nke t pe rio d – (Va lidity pe rio d o f the c e rtific a tio n)

8.

Ce rtifie r - Pro vide the c e rtifie r’ s na me , title , a ddre ss, te le pho ne numb e r a nd e ma il a ddre ss

  • I

ndic a te whe the r the c e rtifie r is the e xpo rte r, pro duc e r, o r impo rte r (Ne w)

  • I

mpo rte r ma y c o mple te the c e rtific a tio n o f o rig in (Ne w)

9.

Autho rize d Sig na ture & da te - E le c tro nic sig na ture a c c e pte d (Ne w) Sig na ture must b e a c c o mpa nie d b y the fo llo wing sta te me nt “I c e rtify that the g o o ds de sc rib e d in this do c ume nt q ualify as o rig inating and the info rmatio n c o ntaine d in this do c ume nt is true and ac c urate . I assume re spo nsib ility fo r pro ving suc h re pre se ntatio ns and ag re e to maintain and pre se nt upo n re q ue st o r to make availab le during a ve rific atio n visit, do c ume ntatio n ne c e ssary to suppo rt this c e rtific atio n”. (Ne w)

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SLIDE 9

L VS T HRE SHOL D

L

  • w Value Shipme nt (L

VS) - T hre sho ld inc re a se fo r a ll c o mme rc ia l impo rts to Ca na d a

T hre sho ld inc re ase d fro m $2500 to $3300 CAD

Ce rtific a te no lo ng e r re q uire d whe n c la iming L VS pre fe re ntia l tre a tme nt und e r any fre e trade ag re e me nt

9

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SLIDE 10

IMPORT DE MINIMIS

10

De minimis thr e sholds to fac ilitate e - tr ade

De minimis applie s to goods of any or igin shippe d to Canada fr

  • m USA or

Me xic o

 Shipme nts va lue d a t $40 CAD a nd le ss will no t b e sub je c t to d uty o r ta x  Shipme nts e nte ring Ca na d a va lue d o ve r $40 CAD, b ut no t mo re tha n $150 CAD, will b e c ha rg e d ta x

  • nly

 Duty a nd ta x will b e pa ya b le o n g o o d s va lue d o ve r $150 CAD  F

  • r USA impo rt, the thre sho ld re ma ins a t 800$ USD (re g a rd le ss o f the mo d e o f tra nspo rt) und e r se c tio n

321

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SLIDE 11

6 ST E PS T O COMPL IANCE

1.

Id e ntify a ll pro d uc ts e lig ib le und e r NAF T A

2.

Rule s o f o rig in re va lid a tio n ? ?

  • E

xpo rte r / Pro d uc e r – id e ntify a ny c ha ng e to rule s o f o rig in/ pe rfo rm q ua lific a tio n e xe rc ise

  • Impo rte r – Co nne c t with supplie r/ ma nufa c ture r

3.

Se le c t c e rtific a tio n ma na g e me nt – Bla nke t Ce rtific a te

4.

Pre pa re CUSMA c e rtific a tio n te mpla te

5.

Pro vid e Omnitra ns o r Me tro with b la nke t c e rtific a tio n

6.

Id e ntify if CBSA a d va nc e ruling a pplie d und e r NAF T A

  • If ye s, the y will no t b e va lid a s o f July 1st

11

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SLIDE 12

HOW OMNIT RANS CAN HE L P

12

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SLIDE 13

OMNIT RANS

OFFICES

11

AROUND THE

WORLD

SERVICES

5

HISTORY

40

YEARS OF

EXCELLENCE

STAFF PEOPLE STRONG ACCESS

24/7

SUPPORT

300

CUSTOMS BROKERAGE

IN IMPORTS PROCESSED

SOLUTIONS LOGISTICS

20

24

ANNUALLY

BILLION $

OVER

O V E R

LOCATIONS