Although payment for JUNE, SEPTEMBER, DECEMBER 2012 monthly K84 statement will be due as usual on the last business day of the month, the Canada Border Services Agency realizes that some months have fewer days to arrange for payment thereby creating a challenge for clients.
Therefore, the CBSA will not
issue a late payment penalty or charge interest if the payment is received on
July 3, 2012, October 1, 2012 and January 2, 2013 before 16:30 local time (for
Quebec January 3, 2013 before 11:30 a.m.). January 2, 2013 is a bank holiday in Quebec.
Should payments be received after the due dates noted above, they will be subject to interest and penalties effective July 3, 2012, October 1, 2012 and January 2, 2013 (for Quebec January 3, 2013).
Note - This also applies to Customs Self Assessment (CSA) importers. The customary month end
Revenue Summary Form payment processes should be followed.
Future impact: The payment due date and billing period procedures will remain in place until the implementation of the Accounts Receivable Ledger (ARL) scheduled for 2013.
Should you have any questions, please contact the Assessment Unit by email at:]assessment-cotisation@cbsa-asfc.gc.ca.
