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| *Ostroff, Fair and Company>>>Canada Taxes |
What is the tarriff/tax rate on goods imported into Canada that are not covered by NAFTA.? |
What is the tarriff/tax rate on goods imported into Canada that are not covered by NAFTA.? The short answer is that it depends on the nature of the goods and the country of origin. All commercial goods imported into Canada are subject to GST at 6% payable by the "importer of record" to the Canada Border Services Agency (CBSA) at the time of importation. Goods imported for personal will be subject to GST at 6% if the person importing the goods is resident outside of the provinces of Newfoundland, New Brunswick or Nova Scotia. Persons resident in these three provinces are required to pay 14% HST (harmonized sales tax which is a combination of the federal GST of 6% and the provincial component of that tax of 8%). residents of Ontario, Manitoba and British Columbia will also have to pay the provincial sales tax at the time of importation to the CBSA as they have a collection agreement with these provinces for non-commercial imports. Customs taffiffs for goods not covered by Nfta can befound at the following CBSA website: http://www.cbsa-asfc.gc.ca/general/publi... The rates of tariff depend on the nature of the product and the status of the country of origin of the goods vis-a-vie Canada, Canada had negotiated a number of trade agreements with various countries around the world that have resulted in reduced customs tariffs. If the goods are imported into Canada from the US and duties were originally paid to the US on the same goods or components of those goods as a result of them having been originally imported from outside the North American Free Trade Zone, there may not be any customs duties payable to Canada. If the rate of duties already paid to the US is higher than the Candian rate for goods imported directly from the originating country No duties will have to be paid. Similarly, if the Canadian direct rate of tariff is higher than the US direct rate of duty already paid, the difference will have to be paid to Canada. |
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