Canada Reinstates Customs Sufferance Warehouse Licence Fee
For individuals or businesses relocating to Canada, this means that fees associated with storing goods in Customs Sufferance Warehouses prior to customs clearance are now applicable again.
Canada has reinstated the annual licence fee for Customs Sufferance Warehouses. This reverses a previous decision to remove the fee.
The cancellation of the fee’s removal took effect on March 26, 2024. Consequently, the annual licence fee is now applicable for these facilities.
This development may affect businesses and individuals involved in importing goods into Canada, particularly concerning the storage and processing of items prior to customs clearance.