Many countries from across the neighbouring nations of Canada, take keen interest and give first priority on exporting goods to Canada due to several reasons. As per the findings of “the US Trade Representative” Canada was the largest goods export market for the US in 2018 which amounted to 298.7 billion USD and the services exported the same year amounted 61.8 billion USD. The reason behind this preference to Canada is because there is no such distance between the two countries namely the US and Canada and there are no much language and other cultural barriers. The shipment to Canada does not require an EEI or Electronic Export Information filing by AES-Direct. However, you will need to file the EEI through AES-Direct for the cases where an export license is needed and for vehicle importation. Contact Clearit.ca if you wish to import anything from the US for all required customs tariffs and duties services.

On the other hand, there are different laws and regulations in Canada which regulate and control all imports and exports which means you will have to produce certain documents which may not be a necessity in your country. One such important document is CCI or Canada Customs Invoice which incorporates more data in comparison to a commercial invoice. The CCI is required for the US exports if the commercial goods worth more than 2500 CAD and if the shipment does not get classified under the HTUSA chapter 9810. The CCI can be filed by the authorised agents or by the importer or by the exporter. In case you fail to file the CCI or you filed an incomplete form, eventually, your release of goods will be delayed at the border ultimately resulting a delay in payday.

A completed CCI must include the information of the transferee as the purchaser and the transferor as the exporter, and the original vendor of the goods as the vendor. In the case of CCI filing, the exporter must show the specifications of the conditions sale, payment terms, details of packing, relevant description of the goods, total price and the unit price. In addition to this, the CCI should also incorporate general data on the parties. Besides this, the CCI should also incorporate the details of insurance and transportation charges, export quality packing, and about assembly or construction charges in the case they are done in Canada and whether these charges are included in the total selling price. The CCI should also reflect on the commission or royalty payment if they are performed.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *