managing riskA New ‘Reason to Believe’

Previously we talked about Reason to Believe (RTB) as a critical compliance issue you need to have in hand as part of your international trade compliance strategy.

The Canadian Border Services Agency has raised the expectation of the trade community with the issuance of  Tariff Classification Compliance notices. These notices make public the thinking behind specific product classifications which do carry direct financial penalties known as AMPS (Administrative Monetary Penalty System) if they are incorrect. The fact this information is now public creates what is known as a “Reason To Believe” or RTB.

What RTB and Tariff Classification Compliance Notices mean to you

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