An import and export business across international borders can be extremely successful and profitable and can simultaneously be hectic as well as complicated. For a businessman, running a business of import or export, it is important that he/she knows the ins and outs of the business. International trades with countries like the United States or Canada can reap a lot of benefits, given you know the process of customs clearance. Inexperience and lack of such knowledge can lead you to massive losses and this is where Clearit customs clearance can streamline things for you while going for customs clearance in Canada
- Customs documentation
Documentation is perhaps the most significant aspect of the whole process as the carrier uses your documents in the clearance process. So before the carrier arrives, you need to complete the necessary documentation.
- Shipment leaves with the carrier
The carrier then picks your shipment, assigning a cargo control number (CCN) to it as well as a CCN barcode label to the paperwork you just signed, which you can use to track your shipment. The CCN shall be used to obtain clearance into Canada
- Customs broker reviews the documents
The carrier faxes the documents to your customs broker an hour before the truck arrives at the border so that your broker can review the documents thoroughly and be prepared for any legal or other intricacies.
- Shipment at the border
Once the shipment has reached the border, the CBSA officer will look for the release request submitted by your broker. The CBSA officer at this point, will either release the shipment or refer it for further inspection, in which case, the carrier is sent to the importer’s customs broker to sort the issue.
- Shipment accounted by broker
Your customs broker will complete the accounting on your shipment after it is released in Canada. The broker sends the package to the CBSA for the payment of duties and taxes.
- B3 form completion
When the B3 or the accounting entry is completed, the broker sends the B3 form electronically to the CBSA within one hour of receiving the fax document from the carrier. Your shipment at this point has legally entered the borders of Canada.
It is thus important to note here that the knowledge of the whole process of customs clearance of Canada and the involvement of a customs broker is extremely important so that any complications and hurdles can be avoided.