D17-1-8 Release Prior to Payment Privilege

(CBSA)

This departmental memorandum explains the Release Prior to Payment Privilege that was previously found in D17-1-5. This memorandum is revised as a result of the Paper Burden Reduction Initiative; the revisions are aimed at eliminating obsolete and duplicated requirements, streamlining certain commercial processes and modifying complex policies and forms.

The following sections have been expanded for further clarification of the subjects: a) The Direct Security and GST Options; b) Procedures related to late payment and non-compliance; and c) Maintaining security for importers and customs brokers.