Administrative Monetary Penalty System
Person failed to account for imported goods no later than the twenty-fourth day of the month following the month of their release, for goods with an estimated value for duty not exceeding $3,300.
This is in the instance of an individual transaction.
- Penalty basis
- Per Transactional B3
- Retention period
- 12 months
Applied by the officer on a K23 for $100 for each overdue B3.
The officer is not to issue a Notice of Penalty Assessment (NPA) in ICS when this non-compliance is discovered.
Applied against the importer.
Where circumstances beyond a client's control (CBSA error or delay, natural or human made disaster, system failure, etc.) causes this late accounting penalty, the client can request for a waiver or cancellation under section 3.3 of the Customs Act by using Form E571, to the releasing office or to HQ (Brokers Licensing).
Requests for waiver or cancellation will not be approved in cases where the late accounting resulted from neglect or lack of awareness on the part of the importer or broker.
For failure to account within prescribed time frames for imported goods valued greater than $3,300, see C288.