The Government of Canada is modernizing and streamlining the collection of duties and taxes for goods imported into Canada via the Canada Border Services Agency (CBSA) Assessment and Revenue Management (CARM) project.
On May 13th, 2024, CARM will become the official system of record that trade chain partners (TCPs), including Customs Bonded Warehouse (CBW) licensees (operators, importers and brokers) will use for the assessment and payment of duties and taxes.
If you are a CBW licensee, you must prepare to transition to the CBSA Assessment and Revenue Management (CARM) system by confirming how you will be submitting your one-time baseline inventory count of goods by email to the CARM Stakeholder Engagement Team before March 29th, 2024.
For more information, see Customs Notice 23-20: Introduction to the CBSA Assessment and Revenue Management System (CARM) for Customs Bonded Warehouse (CBW) Licensees and Importers (cbsa-asfc.gc.ca).