AMP SYSTEMS
The Administrative Monetary Penalty System (AMPS) is a mechanism employed by the Canada Border Services Agency (CBSA) to ensure customs compliance for importers, exporters, carriers, and customs brokers. It involves issuing monetary penalties ranging from $100 to $25,000 for errors or non-compliance with the Customs Act and Customs Tariff. AMPS apply to both imports and exports of goods, and maintaining compliance is crucial to avoid costly penalties. staying informed with the ever-changing regulations with Customs and other government departments is essential for businesses involved in international trade.
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