One of the most common points of confusion for Korean exporters shipping products to Canada is whether customs duties are calculated based on FOB (Free on Board) or CIF (Cost, Insurance, and Freight) value.While many exporters prepare quotations using FOB pricing, the Canada Border Services Agency (CBSA) assesses import duties based on the CIF value, which includes the product cost, shipping, and insurance. Understanding this difference is crucial for accurate cost estimation
If you’re an Amazon seller importing products into Canada, you’ve likely heard about the recent updates to CARM (CBSA Assessment and Revenue Management). With CARM Phase 2 now in effect, whether or not you have RPP (Release Prior to Payment) status directly affects your customs clearance speed and cost efficiency. Based on real cases we’ve handled at Trufulfillment, here’s what you need to know about RPP and how to prepare for it.
