What is CARM?
The CBSA Assessment and Revenue Management (CARM) project is a multi-year initiative that will modernize how the CBSA assesses imported goods and manages revenue. Once fully implemented, CARM will streamline and automate business processes and offer online self-service tools to help the trade community do business in Canada.
Learn more about CARM by clicking here
Key Features and Functions of CARM
- Financial Security
- CARM Client Portal (CCP) – User Roles and Registration
- Delegation of Authority – Client and Employee Group Delegation
- Commercial Accounting Declaration (CAD)
- C-Type / V-Type / F-Type Entries, HVS/LVS Entries, Temporary and Bonded Warehouse Entries
- Corrections & Adjustments, Pre-CARM Adjustments, Mass Adjustments
- Daily Notice (DN)
- Statements of Account (SOA), Customs Broker Summary Statement (CBSS)
Farrow’s CARM Toolkit
Farrow has put together a 12-page document to help you prepare for CARM!
- Section 1:Â Overview
- Section 2:Â Timeline
- Section 3:Â Prepare
- What you will need
- How to prepare
- What you need to know
- CARM Client Portal Registration
- Section 4:Â FAQ
- Section 5: Financial Security