Importers should be aware of the consequences of incorrect import documentation – AMPS Penalty# C360 may result in a $2,000 or 20% fine for the first offence.
This penalty occurs when it is found during an examination of goods or as a result of a verification, that goods were not accounted for (declared) by the importer at time of release. The penalty applies to the portion of the shipment that was not included on the release request, and will stay on the importer’s record for 12 months.
C360 Penalty Structure:
- 1st offence: $2,000 or 20% of the value for duty, whichever is greater
- 2nd: $4,000 or 40% of the value for duty, whichever is greater
- 3rd and subsequent: $6,000 or 60% of the value for duty, whichever is greater
For shipments valued at less than CA$ 1,600, lower penalties under C361 apply.
It is important for importers to ensure that import documentation is true, accurate, and complete prior to submitting them for clearance.
Additional information concerning import documentation requirements and AMPS is available from our technical consulting group.