There are a lot of misconceptions about the Customs Self Assessment program out there. I’ve attempted to address a few of them in my previous blogs, but the ultimate question still remains:
Is CSA right for my company?
The first question to ask yourself is : Do you want to reduce importation costs and improve Customs Compliance?
Here are some Operational qualifying questions :
- Does my company currently have a process that compares customs declarations to our commercial invoices? Could it be better?
- Do we want to improve your level of compliance with customs regulations?
- Do we want to reduce the amount of manual paperwork we complete for Canada Customs?
- Does our operation depend on assured movement of goods across the border into Canada?
Here are some Financial qualifying questions :
- Do we process more than 400 importation transactions per year?
- Do we spend more than $10,000 per year with Customs brokers?
- Do we want an import process that is driven by our own systems and financial records, rather than a third party?
- Do we want to minimize our exposure to Customs penalties?
- Do we want to substantially reduce the amount of amending entries we make?
If you answered YES to any of the above Operational or Financial questions, then CSA is definitely worth a look. MEPS has a process that makes CSA easy to achieve and affordable. We typically reduce our clients’ importation fees by 40% in the first year, while also improving their customs compliance! Contact us now to meet with our team of CSA experts.
If you would like to understand more about CSA, I invite you to look around our website, namely the following page : What is CSA?
Tags: csa, customs self assessment program, is CSA right for me?, what is CSA