- On 6 July 2023, the Canada Border Services Agency (CBSA) published its semi-annual update of trade compliance verification (audit) priorities.1 The CBSA continues to focus on tariff classification as a priority audit area, introducing two new product categories and one upcoming product category to the list of tariff classification priorities.
- In addition, the CBSA has published information regarding its use of compliance intervention tools to target various circumstances and risks of noncompliance.
- CBSA verifications can be time-consuming and costly for importers. Companies must be proactive and adopt an informed compliance mindset.
Source EY