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.
