OnlyOncePlease
Rough_Rock
- Joined
- Feb 16, 2013
- Messages
- 43
Low-Value Shipment (LVS) Threshold Increase
On January 8, 2013, the Canada Border Services Agency (CBSA) announced an increase to the low-value shipment (LVS) threshold from the current CAD$1600 to CAD$2500. The Courier Low-Value Shipment (LVS) Program provides simplified, expedited processing for qualifying low-value shipments not exceeding CAD$2500.
The U.S. Customs and Border Protection (CBP) also announced an increase in the value threshold for informal entries from the current USD$2000 to USD$2500, effective January 7, 2013.
The harmonization of the value thresholds is a result of the Canada–U.S. Beyond the Border Action Plan, which commits to simplifying and harmonizing the customs processes between Canada and the U.S.
Please Note: To ensure a seamless transition, Federal Express Canada Ltd. will process eligible Canadian inbound LVS shipments at the new CAD$2500 value threshold effective February 1, 2013.
http://www.fedex.com/ca_english/international/regulatorynews/lvs-value-threshold-increase.html
I assume under $2500, may not have to pay any Tax to import into Canada from US.
On January 8, 2013, the Canada Border Services Agency (CBSA) announced an increase to the low-value shipment (LVS) threshold from the current CAD$1600 to CAD$2500. The Courier Low-Value Shipment (LVS) Program provides simplified, expedited processing for qualifying low-value shipments not exceeding CAD$2500.
The U.S. Customs and Border Protection (CBP) also announced an increase in the value threshold for informal entries from the current USD$2000 to USD$2500, effective January 7, 2013.
The harmonization of the value thresholds is a result of the Canada–U.S. Beyond the Border Action Plan, which commits to simplifying and harmonizing the customs processes between Canada and the U.S.
Please Note: To ensure a seamless transition, Federal Express Canada Ltd. will process eligible Canadian inbound LVS shipments at the new CAD$2500 value threshold effective February 1, 2013.
http://www.fedex.com/ca_english/international/regulatorynews/lvs-value-threshold-increase.html
I assume under $2500, may not have to pay any Tax to import into Canada from US.