CAN GVT Chinese Tariff Remissions


On Oct. 18, CAN GVT issued remission process for Chinese goods.


  • CAN GVT released tariff remission process for businesses importing Chinese goods.
  • Background
  • Canadian workers, the auto sector, the steel and aluminum industries, and related critical manufacturing supply chains are threatened by unfair competition from China.
  • Chinese producers benefit from China’s intentional, state-directed overcapacity and oversupply policy, as well as its lack of rigorous labour and environmental standards.
  • CAN GVT recently implemented a suite of tariffs (also known as surtaxes) on certain Chinese imports to level the playing field and protect Canada’s workers, #228453.
  • Remission Process Launch
  • CAN GVT launched the process for Canadian businesses to request remission of surtaxes on electric vehicles (EVs) and steel and aluminum imported from China.
  • Also available for potential surtaxes on critical manufacturing sector products.
  • To ensure that Canadian industry has sufficient time to adjust supply chains, remission will provide relief from the payment of surtaxes, or the refund of surtaxes already paid
  • Federal government is offering this relief in recognition of the potential challenges that Canadian industry faces as the result of adjusting supply chains in a timely manner.
  • Remission from applicable surtaxes would be provided in compelling circumstances.
  • Ensuring Canadian workers and businesses are not unduly burdened by surtaxes.
  • Process Details
  • Will consider requests for remission of surtaxes to address the following circumstances
  • In situations where goods used as inputs, or substitutes for those goods, cannot be sourced either domestically or otherwise reasonably from other non-Chinese sources.
  • Where there are contractual requirements, existing prior to Aug. 26, 2024, requiring Canadian businesses to purchase Chinese inputs into their products or projects.
  • Other circumstances, on case-by-case basis, that may have significant adverse impact.
  • Remission will not be granted for goods intended for resale in same condition to US.
  • Will consider appropriate duration of remission, with intent to provide transitional basis only, as supply chains adjust and may be applied retroactively to implementation date.
  • Should the government decide to impose additional surtaxes on other goods, such as critical manufacturing sector products, the remission process would become available.
  • Effectiveness
  • The tariff remission applications are available for imports from China for electric vehicles, effective Oct. 1, 2024, and steel and aluminum, effective Oct. 22, 2024.
  • Submissions received before Nov. 8, 2024, will be processed on a priority basis.
  • Subsequent submissions will be processed thereafter.

Regulators CAN GVT
Entity Types Corp
Reference PR, Info, 10/18/2024
Functions Financial; Legal; Operations; Treasury
Countries Canada; China; Cross-Border
Category
State
Products Corporate
Regions Am
Rule Type Final
Rule Date 10/18/2024
Effective Date 11/8/2024
Rule Id 230341
Linked to Rule :228453
Reg. Last Update 10/18/2024
Report Section International

Last substantive update on 10/23/2024