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Memorandum D13-4-11
Confirming Commissions and Credit Risk Insurance (Customs Act, Section 48)
To obtain the full document in an alternative format, please send a request to: publishing.publications@cbsa-asfc.gc.ca
Full Document: PDF (7 Kb) [help with PDF files]
Last modified: 2001-03-05
Summary
This memorandum outlines and explains the treatment, under the transaction value method, of payments made by purchasers of imported goods in respect of confirming commissions for letters of credit and insurance against risk of financial loss to the vendor of the goods.
References
| Issuing office | Origin and Valuation Policy Division Trade Policy and Interpretation Directorate |
| Headquarters file | N/A |
| Legislative references | Customs Act, sections 48 to 53 |
| Other references | D13-3-13, D13-4-3 |
| Superseded memoranda D | D13-4-11, June 1, 1986 |
