Canada: Updated list of imported goods targeted for potential audits

The updated list of audit priorities now includes indicator panels and light-emitting diodes (LED).

The updated list of audit priorities now includes indicator panels and light-emitting diod

The Canada Border Services Agency (CBSA) released an updated list of more than 20 imported goods that will be targeted for potential audits.

The CBSA’s July 2022 updated list of audit priorities now includes indicator panels and light-emitting diodes (LED).

Affected businesses may need to review this list so that they have complied with trade obligations and paid the correct amount of duty and tax on any identified goods. Importers that have made errors related to tariff classification, valuation or the origin of these goods could be subject to penalties.

Read a July 2022 report [PDF 221 KB] prepared by the KPMG member firm in Canada

 

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