OCTC – Amps

Administrative Monetary Penalties (AMPS) is an enforcement regime that provides monetary penalties for violations of CBSA’s trade and border legislation for all commercial importations.  AMPS penalties vary in amounts from a minimum of $100 up to $25,000 per incident.   AMPS Penalties can be assessed against an importers, exporters, customs brokers, warehouses, carriers, freight forwarders or any of the listed representatives.  Although it is said that AMPS are not meant to be punitive they have proven to cause financial implications.  Did you know you can appeal an AMPS Penalty?  Need a copy of The OC Trade News on AMPS?  Contact The OC today to learn more on AMPS and how it can impact your business.