T HE F INAL WORD ON CUSMA
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 - - 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
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
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
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
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.
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
CE RT IF ICAT ION OF ORIGIN
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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
CE RT IF ICAT ION OF ORIGIN
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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)
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
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
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
HOW OMNIT RANS CAN HE L P
12
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