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August 28, 2019
2019-1536

Canada amends Schedule to Customs Tariff to correct technical errors affecting tariff items under CPTPP preferential tariff

The Government of Canada published an Order Amending the Schedule to the Customs Tariff (CPTPP) on August 7, to correct errors in the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Due to an error with the transposition of Canada's tariff commitments under the CPTPP, 15 tariff items in the Schedule were assigned the incorrect staging category for the CPTPP preferential tariffs in domestic legislation. As a result, upon entry into force of the CPTPP, 14 of those tariff items were incorrectly granted duty-free status and one tariff item was made subject to a gradual phase-out of customs duties when it should have been duty-free upon entry into force of the CPTPP.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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Full text of this Tax Alert

 

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