Accounting for Imported Goods and Payment of Duties Regulations (SOR/86-1062)

7.5 Where goods have been accounted for in accordance with section 7.4, the person required by subsection 32(5) of the Act to pay the duties thereon shall do so no later than the last business day of the month following the month in which the goods are released.

8. Goods imported as mail may be released under subsection 32(4) of the Act prior to the accounting required under subsection 32(5) of the Act and prior to the payment of duties thereon and without the giving of security pursuant to section 35 of the Act, except where the goods

• (a) are commercial goods that have an estimated value for duty of $1,600 or more; or

• (b) are prohibited, controlled or regulated by an Act of Parliament that prohibits, controls or regulates the importation of goods or a regulation made pursuant to such an Act.

8.1 [Repealed, SOR/98-186, s. 1]

8.2 Subsections 147.1(3) to (13) of the Act do not apply to mail where the goods imported as mail are

• (a) goods not charged with duties;

• (b) goods in respect of which all the duties are remitted;

• (c) goods classified under tariff item No. 9816.00.00 in the List of Tariff Provisions; or

• (d) commercial goods that have an estimated value for duty of $1,600 or more.

8.3 The Canada Post Corporation shall pay, by cash or certified cheque, the duties required under subsection 147.1(6) of the Act, to be paid in respect of goods imported as mail not later than the last business day of the month following the month in which the release period ended.

9. Subject to sections 7, 12 and 14, commercial goods may be released under subsection 32(2)(a) of the Act prior to the accounting required under subsection 32(1) of the Act and may, pursuant to section 33 of the Act, be so released prior to the payment of the duties thereon on condition that

• (a) the importer or owner of the commercial goods gives or has given security in accordance with section 11; and

• (b) the importer or owner of the commercial goods makes the interim accounting referred to in subsection 32(2)(a) of the Act.

9.1 Sections 10 and 10.1 do not apply to a CSA importer.

10. Where commercial goods are released under paragraph 32(2)(a) of the Act in accordance with section 9, the person required by the Act to account for the goods shall do so in the manner described in paragraph 32(1)(a) of the Act,

• (a) in the case of goods that have an estimated value for duty of $1,600 or more, within five business days after their release; and

• (b) in the case of goods that have an estimated value for duty of less than $1,600, not later than the 24th day of the month following the month of their release.